Nomura sees two RBI rate hikes by December: Car-loan EMI checks
Nomura expects 25-basis-point RBI rate hikes in October and December, taking the policy rate to 5.75%. The forecast is not a…
Read: Nomura sees two RBI rate hikes by December: Car-loan EMI checks →
In this short
- Nomura Sees Two RBI Rate Hikes — A new brokerage forecast could put floating-rate car-loan costs back in focus for Indian borrowers.
- October And December Moves — Nomura expects two 25-basis-point hikes, but the RBI has not confirmed the forecast.
- Possible 50-Basis-Point Path — If both moves happen, Nomura sees the terminal policy rate reaching 5.75%.
- Floating Loans Need Attention — Benchmark, lender spread, reset date and repayment tenure determine the effect on each borrower.
- Check Your Loan Terms — Understand what is forecast, what the RBI decides and how a lender could transmit any change.
- Get the full breakdown — Sources, numbers and what to watch next.