When will your loan EMIs come down? Government to keep close eye on banks for RBI’s repo rate cut transmission – The Times of India
The RBI announced a 0.25 percentage point repo rate reduction last week, the first such decrease in five years. (AI image) Loan EMIs: After RBI MPC’s decision to cut repo rate, government officials are actively keeping an eye on banks and lenders to ensure rate reductions announced by the central bank are properly transmitted to…
