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What RBI's repo rate cut means for loan EMIs

Updated : May 22, 2020 12:12 PM IST

Repo rate is the rate at which the central bank lends money to commercial banks.
For borrowers, this is a positive news, especially for those whose loans are linked to external benchmarks like the repo rate, according to experts.
What RBI's repo rate cut means for loan EMIs
Published : May 22, 2020 12:08 PM IST

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