RBI hikes interest rates

RBI .....The Monetary Policy Committee (MPC) has not made any changes in interest rates. At present, the repo rate is stable at 6 per cent. At the same time, the CRR is up 4 per cent. By understanding the common man, it means that the loan will not be cheap for the customer nor will there be any relief in the EMI. Let us know that economists had already estimated no change in interest rates. Experts believe that it is difficult to say that RBI will reduce interest rates this year, but the chances of hike are increasing rapidly, as RBI can increase rates to curb inflation.......