From Livemint
Center-Right Owned by HT Media Ltd.Rising interest rates: should you borrow or delay festive season purchases?
What's behind this
The revised FD rates of a government bank took effect on 2 November, after the RBI’s repo rate hike, and are expected to help depositors who lock in savings at higher rates. However, SBI Research warns that rising US government borrowings could keep global interest rates high, projecting India’s government bond yield to stay at 7 pc by March 2027, suggesting loans may not become cheaper soon. Earlier related coverage noted Australia raising rates, but that is background only.
AI-generated overview from 2 outlets. It summarises their reporting and adds no reporting of its own.
What each side is saying
One outlet's own words from each side of the spectrum. Quoted, not summarised.
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left · 1 outlet
SBI Research says rising US govt borrowings could keep global interest rates high; predicts India’s govt bond yield to remain at 7 pc by March 2027
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right · 2 outlets
Looking ahead, we can be almost certain of additional increases in repo rates and the consequent hikes in cost of loans. We should factor in the uncertainties while making decisions around our future financial commitments.
— Livemint
RSS excerpt
Looking ahead, we can be almost certain of additional increases in repo rates and the consequent hikes in cost of loans. We should factor in the uncertainties while making decisions around our future financial commitments.
