The Reserve Bank of India (RBI) has announced a significant increase in its repo rate, raising it by 25 basis points to 5.5%. This decision marks the first increase in nearly four years.
With the repo rate now set at 5.5%, borrowing costs for home and personal loans are expected to rise.
- First increase in four years — the repo rate hike reflects economic pressures.
- Impact on home loans — borrowers may face increased costs.







