Can rent rates really cover 100% of my EMIs? Explained - Shahpur Turk CSC - Common Service Centre in Sonipat Can rent rates really cover 100% of my EMIs? Explained

08 January 2023

Can rent rates really cover 100% of my EMIs? Explained

The era of remarkably low interest rates on homeland commercial loans has gone, with the Reserve Bank of India raising the repo rate 5 times since May in the year and, totaling 2.25%. It's possible that this isn't the end of the rate hike loop, as there may be a few more escalations in the years ahead. Increasing interest rates are having the greatest impact on home applicants, since these are the lending with the lengthiest terms and therefore are probably the largest loan a person will carry all through his entire life.

from IndiaTV Business: Google News Feed https://ift.tt/sHfJxTc
via IFTTT

No comments:

Post a Comment

ONGC, Oil India in talks for 50% stake in $3.4 billion Kenya oilfield, Chinese firm enters fray

India's flagship overseas oil firm ONGC Videsh has got a new partner in Oil India Ltd to replace a reluctant IndianOil (IOC) for the pot...

ShahpurTurkCSC