India Infoline News Service / 11:30, May 22, 2020
Home loan interest rates have already gone down substantially over the last year, and are presently at an all-time low averaging between 7.15% to 7.8%.
India Infoline News Service / 11:48, May 22, 2020
The reverse repo rate under the LAF stands reduced to 3.35% from 3.75%.
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Shaktikanta Das is a retired 1980 batch Indian Administrative Service (IAS) officer of Tamil Nadu cadre. Currently serving as the 25th governor of the Reserve Bank of India (RBI), he was earlier a member of the Fifteenth Finance Commission of India and India's Sherpa to the G20. During his career as an IAS officer, Das served in various capacities for Indian and Tamil Nadu governments, including as Economic Affairs Secretary of India, Revenue Secretary of India, Fertilizers Secretary of India.
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