Loan EMIs likely to fall as RBI cuts repo rate by 25 basis points

The RBI's six-member rate setting panel headed by RBI governor Shaktikanta Das on Tuesday started its 3-day monetary policy meet amid expectations of a cut rate to boost economic activities. This is also the first back-to-back rate cut since the Monetary Policy Comittee (MPC) was formed in late 2016.

from Times of India https://ift.tt/2TWVIcK