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RBI Rate Hike: Who's Winning, Borrowers or Savers?

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RBI Rate Hike: Who's Winning, Borrowers or Savers?

The RBI just raised the repo rate by 25 bps to 5.5%, making borrowers sweat a bit with higher loan rates, while savers might finally see some tasty returns. But don’t get too excited! Past rate cuts showed that not everyone gets the same deal, and banks love to play their own game with rates, leaving us all guessing!