RBI leaves repo rate unchanged: What this means for home loan borrowers, FD investors

Borrowers who are facing salary cut/job loss due to the novel coronavirus pandemic situation and were looking for some reduction in their EMI burden will have to wait a little longer. However, no change in policy rates means good news for FDs investors as banks may go slow on cutting interest rates on FDs.

from Personal Finance News-Wealth-Economic Times https://ift.tt/314xfsz