rbi policy

The wait is finally over. In a much anticipated monetary review policy, Reserve Bank Governor Raghuram Rajan today cut the repo rate by 25 basis points to 7.25 per cent. In the backdrop of marked slowdown, the move has come across as big relief for the industry. This is the third time in the current […]

The Reserve Bank of India has no immediate plans to reduce interest rates and this does have a bearing on the property market in India, as lower interest rates on housing loans can lead to positive triggers, including more demand from buyers, lower loan rates and more purchasing power, apart from lower taxes. However, the […]