New Delhi, May 23, 2020: The Reserve Bank of India has sprung a pleasant surprise by reducing the repo rate by 40 basis points which we expect will immediately translate into reduced home loan rates and improved liquidity scenario in the industry. A much-needed relief at this time when the real estate sector is severely hit by the nationwide lockdown due to Covid-19 crisis, it will surely help revive market sentiments.
Corporate Comm India (CCI Newswire)
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