Categories: Market

Views by Mr.Rahul Grover-CEO, SECCPL on the recent announcement of RBI repo rate cut

New Delhi, October 05, 2019: “With a continuous effort of reviving the growth of the industry, the recent announcement of the RBI rate cut will enliven the consumer sentiments towards investment and consumption. With the onset of the festive season, the RBI has ensured a much needed brief rest to the stressed real estate sector. The new rate cut and as per recent RBI mandate, new home loans will be directly impacted by the new repo rate resulting in a reduction in lending rate. This will help push the demand-side helping it improve the sales and overall economy.”
Corporate Comm India (CCI Newswire)
The Property Times News Bureau

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The Property Times News Bureau
Tags: Rahul GroverRBIRepo Rate CutSECCPL
7 years ago

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