North India Statesman
Following the Reserve Bank of India’s (RBI) decision to raise the benchmark repo rate by 25 basis points to 5.50 percent, senior bankers and financial leaders have cautioned that the move will place immediate pressure on retail borrowers and micro, small, and medium enterprises (MSMEs). Because the regulatory regime mandates …
Read More »Rate Hike Pinch: Top Bankers Warn of Stretched EMIs for Homebuyers and Rising Working Capital Costs for MSMEs
