The Reserve Bank of India (RBI) has increased the repo rate by 2.5% since May 2022. As a result, home loan interest rate, which was around 6.5% has now increased to more than9%. However, in its monetary policy of April 2023, the RBI kept the repo rate unchanged at 6.5%. This suggests that there may not be any further increase in interest rates.
Experts believe that this method of linking online games to cryptocurrencies could soon become a trend