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Home, Car, Personal Loans to get cheaper? RBI governor says this on rate cuts


RBI Governor Shakitanta Das on Saturday said that the transmission of interest rate cuts is improving steadily, and it is expected to improve further going forward.

The six-member Monetary Policy Committee (MPC) also maintained an accommodative stance in policy meet.

RBI Governor Shakitanta Das on Saturday said that the transmission of interest rate cuts is improving steadily, and it is expected to improve further going forward. The transmission of rate cuts has improved by 69 bps, Shaktikanta Das also said while addressing the reporters along with Finance Minister Nirmala Sitharaman who also addressed the board of the central bank earlier ...


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