Banks’ cut repo-linked lending rates by 50 bps, making home and vehicle loans cheaper
The cut in RLLRs by the public banks’ follows the monetary policy committee voting by a 5-1 majority to reduce the repo rate by a steep 50 bps from 6% to 5.50% in its meeting on June 6th
The cut in RLLRs by the public banks’ follows the monetary policy committee voting by a 5-1 majority to reduce the repo rate by a steep 50 bps from 6% to 5.50% in its meeting on June 6th
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