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home loan rate of interest

Impact of rising home loan interest rates on real estate demand in India

After a recent repo-rate increase by the Reserve Bank of India, many banks and NBFCs haverevised their home loan interest rates resulting in an overall hike. The move has come outwith a hike in the RPLR and MCLR of top lenders like HDFC, PNB and ICICI Bank. This willresult in an increase in the home loan EMIs for new as well as existing borrowers. As a matter of course, these hikes will definitely have...

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