CAR LOAN WATCH
A new brokerage forecast could put floating-rate car-loan costs back in focus for Indian borrowers.
WHAT IS EXPECTED
Nomura expects two 25-basis-point hikes, but the RBI has not confirmed the forecast.
THE SCENARIO
If both moves happen, Nomura sees the terminal policy rate reaching 5.75%.
WHO IS AFFECTED
Benchmark, lender spread, reset date and repayment tenure determine the effect on each borrower.
READ THE FULL STORY
Understand what is forecast, what the RBI decides and how a lender could transmit any change.
READ THE FULL STORY
Sources, numbers and what to watch next.
Tap up to read the full article ↑