Repo rate unchanged: Have a look at car loan interest rate by various banks

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The story "Repo rate unchanged: Have a look at car loan interest rate by various banks" was covered 2 weeks ago by Business Standard, a news publisher based in India.

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Repo rate unchanged: Have a look at car loan interest rate by various banks - Business Standard

Quick Summary:

Before finalising a loan, it is wise to compare the interest rates offered by different banks.

The Reserve Bank of India (RBI) on Friday kept the repo rate unchanged at 6.50 per cent after a three-day meeting of its monetary policy committee (MPC).

However, since the RBI has kept the repo rate unchanged, there will be no effect on car loan interest rates.