Views on RBI Reporate Cut by Mr Iftikhar Ahmed,MD, Nirala India

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New Delhi, October 05, 2019: A good move of RBI in the begning of the festival season . RBI has been reducing reporates since last 5 consecutive quarter. Now banks have to act and pass on this benefit to home buyer. If the banks are able to pass on the benefit to buyers quickly we may expect a positive growth rate in sales in the third quarter because developors are also offering discounts and freebies as it is a festival season.

Corporate Comm India (CCI Newswire)