WATCH | RBI announces big-bang interest rate cut, allows 3-month moratorium on EMIs amid coronavirus crisis
Aaj Tak
Aaj Tak
  • 4 years ago
The Reserve Bank of India (RBI) on Friday put on hold EMI payments on all term loans for three months and cut interest rate by steepest in more than 11 years as it joined the government effort to rescue a slowing economy that has now got caught in coronavirus whirlwind.
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