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Get latest articles and stories on Business at LatestLY. Delhi- The Reserve Bank of India (RBI) has announced a repo rate hike of 25 basis points taking the total interest rate to 6.5 per cent. The RBI s decision to raise the rate was driven by concerns about inflation. However, the developers feel that RBI should now put a full stop to the repo rate hike. Business News | Repo Rate Hike by RBI: Developers Expect Stability. ....
Delhi-NCR [India], February 21 (ANI/NewsVoir): The Reserve Bank of India (RBI) has announced a repo rate hike of 25 basis points taking the total interest rate to 6.5 per cent ....
It would have helped if the sector received benefit from MPC: Realtors Posted On: 2021-04-07 04:39:11 (Time Zone: Arizona, USA) The Reserve Bank of India (RBI) has maintained the policy rate at 4% and voted unanimously to keep the status quo with an accommodating stance. The marginal standing facility and bank rate remained at 4.25 per cent, while the reverse repo rate remained at 3.5 per cent. The majority of experts predicted that the RBI will preserve the status quo in the face of a rise in COVID-19 cases in the country. The RBI s decision to keep key policy rates unchanged means that low-interest rates on home loans will continue, but real estate developers believe that more reductions could have boosted housing demand, which has shown signs of recovery in recent months. ....