RBI has raised interest rates, increase your home's EMI

The Reserve Bank has raised interest rates. Bank repo rate by 0.25 per cent to 7.50 per cent has increased. Repo rate increase, the bank may raise interest rates. It will also increase your EMI., The RBI has been no change in the CRR. RBI's move all except ODA loans and auto loans will be costlier. Raghuram Rajan is the first time the new governor of the Reserve Bank's monetary policy review.

Therefore, the people of inflation and high interest rates were expecting relief. Banks from the Reserve Bank to increase liquidity and less expensive, it was recommended, but it had no effect. Sensex down 525 points is trading at 20, 121 points.