Rate cut nudge: RBI Governor asks banks to pass on easing; when will EMIs fall for borrowers?
The Reserve Bank of India on Tuesday pressed banks to fully transmit policy rate cuts to borrowers, as Governor Sanjay Malhotra urged lenders to support sustainable growth and improve customer outcomes, PTI reported.Malhotra met managing directors and chief executives of public sector banks and select private lenders in Mumbai, asking them to pass on the…

