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What to Do When Home Loan Interest Rates Are on the Rise?
Finance7 months ago
Source: What to Do When Home Loan Interest Rates Are on the Rise?
Interest rate adjustment is a crucial component of government monetary policy. When the demand for goods and services exceeds supply, one possible reason could be excess cash in circulation. To curb demand, reduce cash circulation, and manage home loan interest rates, the Reserve Bank of India (RBI) first increases the repo rate.
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