BusinessPhoto: News18 HindiSBI Research Warns Repo Rate May Rise by 1% Increasing Loan Rates
SBI Research has indicated that the Reserve Bank of India may increase the repo rate by 1% soon due to rising inflation. This hike could lead to higher interest rates on home loans, auto loans, and other retail loans, potentially pushing home loan rates up to 9%. The report highlights inflation control challenges as the main reason for the rate increase.
News18 Hindi·


