EMIs to pinch more, could hit consumption, loan demand - Business News: Latest News & Videos about market and economy | Trendmergers

Breaking

Post Top Ad

Post Top Ad

EMIs to pinch more, could hit consumption, loan demand

On Friday, RBI announced another 50 basis points increase in its benchmark repo rate, which is likely to be passed on by banks to individual borrowers just like it has been over the last five months. As a result, home, car and loans for personal consumption are set to get costlier. One basis point is 0.01 percentage point.

from Stocks-Markets-Economic Times
Read The Rest:economictimes...

Post Top Ad