Raghuram Rajan cuts rates to 4-year-low, EMIs set to fall

September 29, 2015 11:15

With RBI Governor Raghuram Rajan cutting the repo rate to a four-year low it's good news for consumers. Home and car loan rates are expected to fall.

After a surprise 50 basis points cut in repo rate, the Sensex bounces back. It recovers over 300 points.

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