Will the era of low interest rates begin soon?
Two years ago, in September 2022, the RBI increased the repo rate by 50 bps to 5.50%, and then in a series of 25 bps hikes in the subsequent policies to the current 6.50%. It has been 20 months since the last rate hike and there has been a status quo on rates, which means that you have to bear the bigger interest rate burden on your loans.
Two years ago, in September 2022, the RBI increased the repo rate by 50 bps to 5.50%, and then in a series of 25 bps hikes in the subsequent policies to the current 6.50%. It has been 20 months since the last rate hike and there has been a status quo on rates, which means that you have to bear the bigger interest rate burden on your loans.
