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RBI decision raises EMIs on home loans

Original: భారతీయ రిజర్వ్ బ్యాంక్

The Reserve Bank of India's latest decision has increased the interest burden on borrowers. A Telugu-language report from Samayam calculates how much the monthly EMI on a home loan of 25 lakh rupees would rise following the RBI's move. Borrowers with floating-rate housing loans are likely to feel the impact directly, and the calculation of the exact EMI increase is drawing attention.

Why now: The RBI has just taken a decision that raises interest rates, prompting homeowners to check how much their loan EMIs will increase.

Reserve Bank of IndiaSamayam Telugu

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