RBI MPC expected to hike repo rates: How much your home loan interest rates may increase by?

Home loan borrowers are likely to feel the heat of higher interest rates as the Reserve Bank of India (RBI) is widely expected to increase its key policy rate on September 30. If this happens, it will be the fourth repo rate hike in this financial year. To tame soaring inflation, the central bank of India has started raising interest rates from May 2022 after maintaining status quo on the key rates for two years. The cumulative repo rate hike between May and September till now amounts