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Covid-hit realtors, hoteliers hail RBI s liquidity support but seek more

Covid-hit realtors, hoteliers hail RBI s liquidity support but seek more According to the industry, this will continue to keep floating retail loan rates (which are directly linked to external benchmark repo rates) at a lower level. Share Via Email   |  A+A A- By Express News Service NEW DELHI:  The Reserve Bank of India (RBI)’s decision to keep repo rate and reverse rate unchanged at 4 per cent and 3.35 per cent, respectively, was widely welcomed by the real estate sector which is reeling under the impact of second covid-19 wave. According to the industry, this will continue to keep floating retail loan rates (which are directly linked to external benchmark repo rates) at a lower level.

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