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Podcast: In Focus by The Hindu
Episode: How will the latest RBI rate hike impact home loan EMIs, FDs rates, housing market?
Description: Last week the Reserve Bank of India raised its key repo rate by 25 basis points to 6.50%. This is the sixth rate hike since last May, for a total hike of 250 basis points in less than a year. The latest hike, while not entirely unexpected in some quarters, came as a surprise to those who were hoping for a pause in the consecutive rate hikes, especially given that inflation pressures were seen to be moderating.But the rate hike has also sparked a debate about its effect on FD rates, home loan interest rates and EMIs, and in...