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- Depoliticise farm loan waivers: Y V Reddy, former RBI governor
- UK lawmakers slam Facebook, recommend stiffer regulation
- Aircel-Maxis case: Protection from arrest to Chidambaram, Karti extended till March 8
- You could get to eat ‘green’ meat in India by next year
- Bharti Foundation to support education of children of security personnel martyred in Pulwama attack
- Setback for Vedanta, SC refuses to allow re-opening of Tuticorin plant
- ‘Pressure India has put on Pakistan till now has not been consistent … Can’t say we won’t do anything’
- Will enhance IED protection capabilities: CRPF DG R R Bhatnagar
RBI repo rate hike: Home loans set to become costly
Borrowers who were hoping for respite from high interest rates will have to wait a little longer. In its bi-monthly monetary policy held on Wednesday, the Reserve Bank of India (RBI) hiked the repo rate by 25 basis points. With the announcement, the repo rate now stands at 6.25%. Along with this reserve repo rate has also been hiked to 6%.
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