Wed, Jun 08, 2022
The Reserve Bank of India's (RBI) decision to increase repo rate by 50bps was on expected lines, however, it is likely to impact homebuyers negatively as EMIs are set to get costlier.
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Thu, Apr 06, 2017
Adhil Shetty, CEO & Co-founder BankBazaar.com said, "As expected, the RBI has deviated its liquidity management strategy from being accommodating to being neutral. Inflationary trends are gathering pace. Hence, to get a control over it and to squeeze excess liquidity out of the banking system, RBI has increases the reverse repo rate."
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