Will car loans turn cheaper? Yes, says Das – ET Auto

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Days before Lok sabha elections 2019 kickoff, India’s apex bank: RBI, has announced a reduction in a rate cut for all banks. This will have a direct impact on the middle class of India, as now.

Will car loans turn cheaper? Yes, says Das Transmission of rate cut: . Although the Monetary Policy Committee has delivered two rate cuts this year, banks have not lowered lending rates.

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