https://img.etimg.com/photo/92076927.cmsThe Reserve Bank of India announced a hike of 50 basis points (0.50%) in the key policy rates i.e., repo rate, standing deposit facility and others. As per the experts, with inflation being broad-based, more hikes in the policy rates are expected in this financial year. Read on to know how much interest rates are going to get worse for borrowers.
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