Cut could allow banks to pass benefit

by Dhara 1 year ago

Dhiraj Jain

Mr. Dhiraj Jain, Director Mahagun Group.


“In case of a low interest rate environment surrounding the economy and cash available in abundance, the risk of inflation moving up exists. Hence, the RBI doesn’t reduce the rates until it has been fully convinced about the inflation control. On the other hand though, since demonetisation banks are keeping a strong credit and a rate cut would have allowed them to pass on the benefits to the borrowers. Reduced EMIs could have made the demand to take an upward movement”

Dhiraj Jain, Director, Mahagun Group

R&M Property Awards 2015-16

Kashmir calling

    Pathfinders Media Pvt. Ltd.
    Corp. Office - C-41, 1st Floor, Sector-2, Noida, UP-201301, Ph: 91-120-4236578, Reg. Office - A 141, Pocket 11, Jasola Vihar, New Delhi - 110025
Copyright © 2013 realty&more — All rights reserved Terms of use Privacy policy Designed & Developed by : Yng Media

Stay updated with the latest news from Realty sector