High Profile Cases Top Law News EMIs put on hold : big-bang interest rate cut as RBI joins fight against coronavirus. March 29, 2020 / March 29, 2020 by Legal India Admin | Leave a Comment The RBI on Friday put on hold EMI payments on all term loans for three months and cut interest rate by steepest in more than 11 years as it joined the government effort to rescue a slowing economy that has now got caught in coronavirus whirlwind. The Reserve Bank of India (RBI) cut repo to […] Read more » EMIs put on hold Monetary Policy Committee Monetary Policy Committee (MPC) RBI Governor Shaktikanta Das
High Profile Cases RBI cuts key rate by 0.25%; to lower home and auto EMIs August 6, 2017 by Legal India Admin | Leave a Comment The Reserve Bank today slashed benchmark lending rate by 0.25 per cent to 6 per cent citing reduction in upside risk to inflation, a move that will lower EMIs for home, auto and personal loans. This is the first rate cut since October 2016 and the interest rate is now at 6-year low. In line […] Read more » auto EMIs featured lower home EMIs Monetary Policy Committee MPC RBI cuts key rate by 0.25% RBI Governor
