For the first time in almost four-and-a-half years, the Reserve Bank of India increased the repo rate by 25 bps to 6.25% in its June 6 monetary policy meet today, on the back of rising inflation and high oil prices. Market analysts as well as financial experts were, however, expecting a status quo on interest … Continue reading Home loans, car loans to cost more as RBI hikes repo rate by 25 bps