No change in CRR is no surprise as RBI has reduced it twice since January. We were expecting rate cuts so that the real estate sector...
“Decrease in previous rates by PSI brought a ray of hope. However, the rates remained unchanged. A reduction would have conveyed relief to banks and also...
“The monetary policy should be practical. ft is not only the banks which are affected by the policy but ultimately it affects the end-borrowers. We expect...
“As our economy is developing, it is very important that RBI brings down the rates so that the banks may carry out their activities smoothly. The...
The move was well on the cards and is welcomed as this will help in forming positive sentiment across the market which, in turn, will create...
“The Budget turned out to be a non-event for homebuyers as it didn’t have any major announcement to boost their sentiments. But the repo rate cut...
The rate-cut signifies that the Government has been able to create conducive environment For low interest rate regime. A cut of 25 bps may not look...
“The real estate sector had formed the opinion that the Government has put us in isolation by not announcing any major relief in the Union Budget...
The RBI’s surprise decision to cut repo rate is all the more welcome as the Finance Minister’s Budget this time had Failed to enthuse the real...
“The sudden decision by the RBI to slash repo rate by 25 bps to 7.5 per cent came as a pleasant surprise. We believe that the...