Reduced lending rates are destined to bring in positive sentiments in the market

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Rupesh-Gupta-Director-JM-HousingRupesh Gupta, Director, JM Housing, said with the repo rates being cut and reverse repo being increased, banks would be forced to cut on the lending rates. “Reduced lending rates are destined to bring in positive sentiments in the market which will induce increased investments in the real estate sector,” he said.