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20 June, 2022
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RBI has increased the repo rate due to inflationary pressure or higher supply shocks. So, how will this affect current and prospective borrowers? In that circumstance, what should we do? What will the economic ramifications be? Let's take a closer look at this. Repo Rate Hike: The cost of borrowing for banks rises, which is passed on to account holders in the form of higher loan and deposit interest rates. Visit Website:- Planify
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