What a repo hike moves: repo-linked loans (next reset), MCLR loans (later), new loans. What it doesn't: existing fixed-rate loans, credit card interest, which is already up to ~3.75%/month.
@spendzieofficial.bsky.social
@spendzieofficial.bsky.socialWhat a repo hike moves: repo-linked loans (next reset), MCLR loans (later), new loans. What it doesn't: existing fixed-rate loans, credit card interest, which is already up to ~3.75%/month.
@spendzieofficial.bsky.socialWithin a day of RBI's hike: PNB, Bank of India and IOB moved repo-linked rates to 8.35%; Indian Bank 8.20%; Bank of Baroda 8.15%; Tamil Nadu Mercantile 8.50%. Others may follow.
@spendzieofficial.bsky.socialRBI hiked repo 25 bps to 5.50%, the first hike since Feb 2023. On a ₹50L, 20-yr floating loan (8.10%→8.35%, illustrative) the EMI goes ₹42,134 → ₹42,918: +₹784/month.
@earthinsider.bsky.socialWhy Did India VIX Just Crash By 8% Ahead Of The RBI Policy Announcement?
Full story 👇
Learn more: https://www.earthinsider.in/2026/10/india-vix-falls-soft-oil-rbi-policy.html
#EarthInsider #EarthInsiderNews #EINews #IN #India #IndiaNews #INNews #IndiaVIX #RBIPolicy #StockMarket #BreakingNews
@earthinsider.bsky.socialWhy Did India VIX Just Crash By 8% Ahead Of The RBI Policy Announcement?
Full story 👇
Learn more: https://www.earthinsider.in/2026/10/india-vix-falls-soft-oil-rbi-policy.html
#EarthInsider #EarthInsiderNews #EINews #IN #India #IndiaNews #INNews #IndiaVIX #RBIPolicy #StockMarket #BreakingNews