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Home / Videos / Repo rate hike: How loans will become costlier, impact EMI| Explained

Repo rate hike: How loans will become costlier, impact EMI| Explained

Reserve Bank of India hikes repo rate as battle on inflation continues in full swing. In line with market expectations, the central bank announced a 50 basis points hike in the repo rate at 5.9%, stepping up its fight against persistently high inflation.