1 / 7 Mortgage firm HDFC had reduced its retail prime lending rate (RPLR) on housing and non-housing loans, on which its adjustable rate home loans (ARHL) are benchmarked, by 20 basis points, with effect from June 12, 2020. 2 / 7 The change will benefit all existing HDFC retail home loan and non-home loan customers.3 / 7Central Bank of India has cut its interest rate on external benchmark linked accounts by 40 basis points. Interest rate on home loans has come down to 6.85 per cent4 / 7It has also introduced a guaranteed emergency credit line to MSMEs. Interest rate is linked to Repo rate with a cap of 7.5 per cent.5 / 7Rates across the banking system have headed south in the last few months, as the RBI and the government work in tandem to propel the slowing economy.6 / 7 The RBI last month cut the policy rate by 40 basis points to 4 per cent.7 / 7Interest rates on loans across banks and NBFCs have declined in the past few months owing to the Reserve Bank of India's cuts in repo rate.