Livemint

RBI repo rate hike: How will the 25 bps increase affect your home-loan EMI? Experts explain

RBI has raised the repo rate by 25 bps to 5.50%, increasing borrowing costs for consumers with floating-rate loans linked to external benchmarks. Home-loan borrowers may see the hike reflected through higher EMIs, longer repayment tenures or both, depending on their lenders mechanism.