ICICI Bank, Bank of Baroda hike interest rates of repo rate linked home loans; EMIs to go up

The governor of the Reserve Bank of India (RBI) announced a surprise 40 basis point (bps) increase in key policy rates on Wednesday. ICICI Bank and Bank of Baroda are among the banks that have raised their external benchmark related loan interest rates.

from Personal Finance News-Wealth-Economic Times https://ift.tt/eZXhca1