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Cut was expected as funds flow is on rise

praveen jain

“It was expected that the repo rate shall be lowered after demonetisation as the fund flow has been increasing tremendously in the banks. It is still expected that the repo rate should be brought down which shall prove to be one of the positive effects of demonetisation and shall be beneficial for the real estate sector giving it a tremendous boost”

Praveen Jain, President of NAREDCO

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Related Topics:demonetisation Naredco praveen jain

Set back for real estate as sales already down

Rate cut was needed to spur investment

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