Money Guru: How will RBI's interest rate hike affect your investments?
Zee Business Video Team | Updated: May 4, 2022 11:00 PM IST
The Reserve Bank of India has increased interest rates on Wednesday. RBI has increased the repo rate by 0.40 percent. Along with this, the bank has also increased the cash reserve ratio by 0.50 percent. With these increases, the repo rate has now increased to 4.40 percent and the CRR to 4.50 percent. The increase in the interest rates of the Reserve Bank will have a direct impact on your EMI. So where should an investor invest in rising rates? Watch Money Guru to Know the opinion of experts.
