Views by Mr. Ajay Chaudhary, CMD, ACE Group on Repo Rate reduction by the RBI

New Delhi, May 25, 2020: At a time when the central govt has directed all its energy on rebooting the economy, the Reserve Bank of India (RBI) has taken the lead by bringing such a big reduction of 40 bps in repo rate, besides extending the moratorium on loans which will altogether result in bringing substantial relief to home loan borrowers. With these steps, the RBI has in a way injected the right dose of sentiment booster for all the stakeholders of the real estate sector and has arranged for greater liquidity in the real estate market.

Corporate Comm India (CCI Newswire)