What you can do if the RBI raises the repo rate and increases the EMIs for your auto and home loans

The repo rate, or the short-term lending rate at which banks borrow from the central bank, has now topped 6% with the most recent hike. After a 40-basis-point hike in May and 50-basis-point increases in June, August, and September, this is the fifth straight rate increase. The RBI has increased the benchmark rate by 2.25 … Read more