Logo
Logo

RBI credit policy: Home, auto loans to cost more, say bankers

Home, auto and corporate loans are likely to cost more, with the Reserve Bank raising key policy rates by half a percentage point, bankers said. "I think banks do not have any other option but to increase rates. It could be 25 basis points or 50 basis points, depending on individual banks," IDBI Bank Executive Director R K Bansal told. 

Read Full Story>>