Home and car loan EMIs to pinch more post repo hike | Economic Times

Home and car loan EMIs to pinch more post repo hike https://ift.tt/DhEgnjW all banks will automatically pass on the entire repo rate increase to customers who had availed of loans linked to external benchmarks, in the case of Marginal Cost of funds-based Lending Rate (MCLR) and fixed rate loans, their asset liability committees are expected to take a call on the quantum of the hike.