AFTER RERA, #RBI TO BOOST REAL ESTATE SECTOR
AFTER RERA, RBI TO BOOST REAL ESTATE SECTOR
In a much anticipated move, the apex bank cut down on the already existing REPO Rate of 6.75% by 25 basis points to 6.50%. However, there was an additional surprise sprung in the form of increased Reverse REPO of 6%. Earlier the Policy Rate Corridor stood at +/- 100 bps but now has been reduced to +/-…
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