Economists predict a 25 bps hike in the policy rate. They also expect a switch of stance from 'withdrawal of accommodation' to 'neutral'. if you took a home loan of 50 Lacs before May last year you EMI would have been 38K a month now it may stand almost 45K a month as RBI is expected to hike interest rates by 25 BPS.
#rbimonetarypolicy #homeloan #rbi
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