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Inflation?
by sheela sharma on Apr 07, 2007 03:44 PM

my question to all the intelligent people is i have taken a home loan in 2004 at 8% fixed, and that time bank repo rate was lower than now and inflation was under control and y suddenly interest rates have gone up? my question is if interest rates were less during 2004 and inflation was under control y then RBI has increased Repo rates? can any one who know better answer my question? You can also mail me at sheela709@rediffmail.com

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The above message is part of the Discussion Board:
Is RBI's rate hike justified?