With the reduction in their respective benchmark lending rates, home, auto and other loans have become cheaper.
RBI will continue accommodative stance as long as it is necessary and growth revives, said RBI Gov Shaktikanta Das.
The repo rate has been brought down to 5.15 per cent to help reduce borrowing costs for home and auto loans.
In first week of June RBI had lowered the repo rate to 5.75 per cent.
- « First
- « Previous
- Next »
- Last »
1 of 1