RBI hikes repo rate by 25bps: What it means and how it impacts you | All FAQs answered

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The RBI's 25-basis-point repo rate hike on 7 October is aimed at curbing inflation. This increase could raise borrowing costs for loans, affecting monthly repayments, while potential adjustments to deposit rates may also occur.

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RBI hikes repo rate by 25bps: What it means and how it impacts you | All FAQs answered

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