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RBI hikes repo rate again; home, car loans costlier

Name: RBI hikes repo rate again; home, car loans costlier
Uploaded: 2011-09-16T16:23:46+05:30
Channel: Hindustan Times
Description: After Petrol prices were hiked by Rs 3.14, the Reserve Bank of India has hiked the repo rate by 0.25 percentage points to 8.25%. Repo rate is the rate at which banks borrow money from RBI.

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Updated on Sep 16, 2011 04:26 PM IST

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After Petrol prices were hiked by Rs 3.14, the Reserve Bank of India has hiked the repo rate by 0.25 percentage points to 8.25%. Repo rate is the rate at which banks borrow money from RBI.

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RBI hikes repo rate again; home, car loans costlier

After Petrol prices were hiked by Rs 3.14, the Reserve Bank of India has hiked the repo rate by 0.25 percentage points to 8.25%. Repo rate is the rate at which banks borrow money from RBI.

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