Business News

Global interest rates are rising: Will RBI rates, home loan EMIs and investments be affected?

FinSiddhi

Loans would get costlier if and when the RBI hikes interest rates. In floating-rate loans, EMIs would rise even for existing loans. However, the RBI’s next rate-hike cycle would be shallow. High global bond yields or interest rates matter for the RBI, but they are not the decisive factor.
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