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RBI Monetary Policy - Feb 2021 - Even after RBI s status quo, developers optimistic about realty growth
Posted On:
2021-02-05 22:34:41
(Time Zone: Arizona, USA)
As the MPC voted unanimously to keep rates steady, the RBI retained the status quo and Repo rates unchanged at 4 per cent. The Apex bank, however, has shown optimistic stance for economic growth as it expects GDP to grow at 10.5 per cent. The real estate sector expected some announcements, but it has to rely only on announcements made in the last few months. Real estate experts say the market is strong, and the RBI s new status quo will not have any adverse effect on it. ....

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