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Real Estate Developer’s Views II RBI #Monetary Policy

According to Mr. Gaurav Gupta, General Secretary, CREDAI Raj Nagar Extension, “RBI has held the Repo Rate unchanged at 6.65 percent, Reverse Repo Rate at 6 percent and Cash Reserve Ratio at 4 percent which was down the expected lines. Increasing crude prices, implementation of 7th pay commission and monsoon which is predictable to be good this year…
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