A personal loan is a form of unsecured loan offered by financial institutions. You can use the borrowed fund to meet various expenses.

RBI has not changed repo-rate in its bi-monthly policy review. Markets were expecting 25 basis points rate cut but now the expectations have been delayed by two months.

RBI announced monetary policy yesterday with 25 basis points repo-rate cut. The markets were expecting small rate cut but the downward revision of GDP by RBI led to decline in stock markets.