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Not good for the common man
by Nijoe Paul on Apr 07, 2007 03:29 PM

Change of credit policy hit the common man always than the rich. Whoever has taken housing loans for 7% or near are forced to pay interest to the tune of 11% which is a shocker. Either their emi will increase 20% or the loan period will increase by 20%. Is that we call economic stability? May be for the economiists, but not for the common man of our country

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