Reserve Bank of India Repo Rate 2022-23: Home loans, car loans will be expensive; A half percent increase in interest rates

Reserve Bank of India Repo Rate 2022-23: Home loans, car loans will be expensive; A half percent increase in interest rates

The Reserve Bank of India has increased the repo rate by 0.25 per cent in the Monetary Policy Committee meeting at the end of the financial year 2022-23. The Reserve Bank of India has increased the repo rate by 0.25 per cent in the Monetary Policy Committee meeting at the end of the financial year 2022-23. 4 out of 6 members of the committee voted for the decision to increase the repo rate. With this new increase, the…

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