5 things to do when interest rates start rising

India's premier banking institution – Urjit Patel led RBI, in June 2018 hiked the benchmark interest rate by 25 basis points; a move made after almost four and a half years. This is the rate at which banks borrow money from the central bank and it stands at 6.25%. Multiple factors have been responsible for this decision of the Monetary Policy Committee of the RBI, such as high crude oil prices, we...
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