Hope that lending rates may still come down

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“We believe the RBI has kept the rates unchanged looking at the inflation factor and it is unlikely that rates will be changed before the effects of GST come into display or the better effects of monsoon are visible on economy. However, in real estate we are hopeful that lending rates may still come down looking at the Government’s focus on “Housing for All”.

Saurabh Jindal, Joint MD, SVP Group