RBI puts more money in your pocket! How much will your loan EMIs come down with repo rate cut? Explained – The Times of India
The actual transmission of rate cuts works with a lag, and it usually takes a few months for loan borrowers to see a benefit. (AI image) Home loan borrowers have a big reason to cheer! The Reserve Bank of India (RBI) has cut the repo rate by 25 basis points – the second time in…