Home Loan EMIs to rise slowly? ‘RBI likely to slow down pace of interest rate hikes’: Deutsche Bank
Updated: 23 Aug 2022, 08:08 AM IST
TL;DR.RBI has already hiked the repo rate by 1.40 per cent in three consecutive actions since May this year, in response to the uncomfortably high inflation which has been consistently breaching upper end of the tolerance band set by the government to the RBI.
FILE PHOTO: A security guard at the Reserve Bank of India (RBI) headquarters in Mumbai, India, August 5, 2022. REUTERS/Francis Mascarenhas/File Photo