How RBI's New Decision on Interest Rates Freezes Your EMI for Months?

The Reserve Bank of India has quietly changed the rules for loan repayments across the country. Your EMI could be frozen for months, but only if you meet one condition banks are not advertising.

RBI Monetary Policy Today: Repo Rate Unchanged at 5.25%, No Immediate EMI Shock for Borrowers

The next few months will be important for the Indian economy. The RBI will closely monitor crude oil prices, rupee-dollar movement, monsoon performance, inflation numbers and global developments.