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| RBI INDIA |
In order to slow down the inflation rate .RBI hike its interest Rate.
Latest RBI HIKE leads to
- REPO RATE hike by .50% , this is 11th time in 16 months.
- to follow this yes bank hike its bank rate by 0.50 %
- Other bank may next week hike their base rate
The hike in RBI Repo rate leads to the following:
1. Hike in Car Loan
2. Hike In HOME LOAN
Source info: Hindustan Times 27th july.
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