NewsX Exclusive: Despite interest rate cut, EMIs remain high

It's been a week since the RBI cut key interest rates, but consumers yet to feel the relief in their EMIs. Banks, it seems are quick to raise rates along with the RBI, but when the central banks starts slashing, bankers would rather keep the profits at your expense. So why is the government doing nothing? Why are even public sector banks allowed to get away with undercutting policy and hurting the consumer? It's our Big Story today.

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