RBI Hikes Interest Rates - Home Loan EMIs to Go Up
Manage your Home Loan EMIs with few helpful tips.
- Hike in the repo rate by 25 basis points
- Consequent hike in lenders’ interest rates
- Consider refinance options to lower interest outgo
- Switch to the MCLR regime from base rate
The repo rate has been hiked by 25 basis points taking the current rate to 6.50%. For those uninitiated to …