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The RBI left the key interest rates unchanged in its monetary policy review on Friday as it continues to maintain a balance between economic growth and keeping inflation in check

RBI keeps repo rate unchanged at 6.5 pc to maintain balance between growth and inflation

The move will impact the EMI on loans to be issued hereafter from all the financial institution to ensure the cash flow in market is regulated

RBI increases repo rate by 0.5%: EMI on loans to get costlier, how it will impact you; Read here

Das, however, said that he is asymptomatic and is feeling alright.

RBI Governor Shaktikanta Das tests positive for Covid-19, to work from isolation

Das, however, showed faith and confidence on the resilience of the Indian economy, and said: "We have faith on the Indian economy."

RBI says India's FY21 GDP growth to be negative

Making the announcement, RBI Governor Shaktikanta Das said the reverse repo rate has been reduced to 3.35 percent from 3.75 percent

RBI cuts repo rate to  4%; maintains accommodative stance

The RBI went ahead with the move today and now the moratorium on terms loans will last till August 31.

RBI extends moratorium on term loans by 3 more months till August 31

Customers who receive EMI payment notice at the beginning of every month can heave a sigh of relief as banks have decided to defer receiving such payments for a period of three month under the terms of a Covid 19- RBI package announced on Friday.

Lockdown effect: Banks will automatically defer your EMIs by three months affirms RBI governor

In another major step, the Apex bank instituted a moratorium on interest payments for three months.

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