When will FD rates in India go up?

[Aamphat]

since RBI increased the repo rate by 40 basis points?

[Android_Halwa]

First round of rate hike ke FD rate increase ante kastam..

Monna perigina rate 0.40%…most loan profiles EMI increase chese badulu tenure penchutaru..but another round of hikes will be effective. FD mida 1% peragalante inko two rounds aina penchalsinde

[veerigadu]

2 minutes ago, Android_Halwa said:

First round of rate hike ke FD rate increase ante kastam..

Monna perigina rate 0.40%…most loan profiles EMI increase chese badulu tenure penchutaru..but another round of hikes will be effective. FD mida 1% peragalante inko two rounds aina penchalsinde

Ippatlooo ayye pani kadhuuu. Why would they increase repo again? I don’t see any possibility 

[Android_Halwa]

5 minutes ago, veerigadu said:

Ippatlooo ayye pani kadhuuu. Why would they increase repo again? I don’t see any possibility 

For the same reason they did it here in US. Instead of controlling inflation, they need to control devaluation of rupee. To cut the amount in circulation and bring back the currency to treasury. Basically monna 0.4% increase chesindi COVID apudu reduce chesina percentage. It’s long pending..

Technically speaking, India la interest rates tagguthe tattukolem. Home loan rate at 6.5%…it’s a joke. At a point of time, it went up to 15%. Almost 5 years nundi heavy spending jarugutundi and inflation is out of control. Only way is to pull out currency from the market and improve lending status of the banks.

[Killer66]

59 minutes ago, Android_Halwa said:

For the same reason they did it here in US. Instead of controlling inflation, they need to control devaluation of rupee. To cut the amount in circulation and bring back the currency to treasury. Basically monna 0.4% increase chesindi COVID apudu reduce chesina percentage. It’s long pending..

Technically speaking, India la interest rates tagguthe tattukolem. Home loan rate at 6.5%…it’s a joke. At a point of time, it went up to 15%. Almost 5 years nundi heavy spending jarugutundi and inflation is out of control. Only way is to pull out currency from the market and improve lending status of the banks.

Do you mean home loan interests perugutundi antav antey kadha bro ??

[Android_Halwa]

16 minutes ago, Killer66 said:

Do you mean home loan interests perugutundi antav antey kadha bro ??

From last night, already half percent perigindi. the EMI's might still remain same but tenure will get increased.