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Repo rate hiked by 25 basis points, loan interest to rise
Original: പലിശ നിരക്ക്
India's central bank has raised the repo rate by 25 basis points, prompting banks to increase lending and deposit interest rates. Alongside the hike, the growth forecast was revised upward. Borrowers face higher EMIs on home, vehicle and personal loans, and households with deposits may earn more. Analysts are weighing the balance between controlling inflation and supporting growth as the policy shift takes effect.
Why now: The rate hike directly affects borrowing costs for households and businesses, making it a widely discussed economic development.
Reserve Bank of IndiaMathrubhumiIndia
Evidence
- വെറും 180 ദിവസം; 5 ലക്ഷം നിക്ഷേപിച്ചാല് 15164 രൂപ പലിശ ഉറപ്പാക്കാം, എസ്ബിഐ ഹ്രസ്വകാല എഫ്ഡി · The Economic Times Malayalam
- റിപ്പോ നിരക്ക് കാൽ ശതമാനം കൂട്ടി: വളർച്ചാ അനുമാനം ഉയർത്തി, വായ്പാപലിശ ഉയരും · Mathrubhumi
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