Repo charge reduce will stop retail rates of interest rising to insufferable ranges: MPC member Ashima Goyal
Whereas risk-based pricing is required, a reduce in repo charge will stop retail rates of interest rising to insufferable ranges, in response to financial coverage committee (MPC) member Ashima Goyal. “Spreads are excessive in India. Common mortgage charges are in double digits….There could also be some stress in loans to self-employed. If leverage is rising, … Read more