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Your EMIs are set to go up; why has RBI suddenly raised Repo rate by 40 bps?

Ravindra Kirti Founder GGF - 0
Reserve Bank of India Governor Shaktikanta Das' unscheduled 15-minute statement today was nothing short of a (thunder)bolt from the blue. And like all thunder, it foretells stormy weather ahead. First, even at 10 am when the RBI announced that the governor would deliver a statement at 2 pm, the guess...
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