RBI to hike key rates again; auto, home loans to cost more
The Reserve Bank of India (RBI) is widely expected to again hike key policy rates on Tuesday to curb stubbornly high inflation. The 13th hike since March 2010 will make home and auto loans costlier and put further pressure on economic growth. With food inflation entering double digit figures and headline inflation almost touching the mark, most analysts feel the central bank would increase repurchase rate by 25 basis points to 8.50%.
In its second quarter review of monetary for more details....
In its second quarter review of monetary for more details....
0 comments:
Post a Comment