When will your loan EMIs come down? Government to keep close eye on banks for RBI’s repo rate cut transmission
The RBI's recent 0.25 percentage point cut in the repo rate is under close government scrutiny to ensure banks pass this benefit to consumers. The central bank aims to support growth while aligning inflation with targets, but historical insufficient transmission remains a concern.
The RBI's recent 0.25 percentage point cut in the repo rate is under close government scrutiny to ensure banks pass this benefit to consumers. The central bank aims to support growth while aligning inflation with targets, but historical insufficient transmission remains a concern.
