RBI cuts repo rates ; auto, home loans may get cheaper
Tuesday, April 17th, 2012
New Delhi : After a gap of three years, Reserve Bank Governor D Subbarao on Tuesday slashed short term lending rate by 0.50 per cent to 8 per cent, a move that will reduce the cost of home, auto and corporate loans. The reduction in the repo rate at which RBI lends to banks, has […]
