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Reverse repo rate News

Auto loans set to be dearer, further price hikes expected
Your car loan burden is set to increase. Banks are preparing to increase interest rates on auto loans. This follows Friday’s repo and reverses repo rate hikes by the Reserve Bank of India. Uncertain times for debt investors This comes close on the heels of two consecutive increases in car prices and a 50-75 basis point hike in interest rates by leading banks like HDFC Bank and Kotak Mahindra