Friday, 6 August 2010

The Possible Hike In EMI On Bank Loans – My Question For The Indian Banking Fraternity

Despite being a layman with little grasp of financial issues, I had no problem in understanding the direct relationship between a hike in Repo Rate and a hike in the rates of interest for the loans provided by banks. In fact it is an issue that anybody will find to be crystal clear.

However, there is something that I will like the banking sector mandarins to take note of. More