Reserve Bank of India
RBI keeps lending rates unchanged: Its impact on real estate
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 […]
Repo Rates Unchanged! Industry eyes 2015 to bring some relief
Fifth time in a row, Reserve Bank of India Governor Raghuram Rajan left the interest rates unchanged. In a recent decision, RBI kept the repo rate unchanged at 8 per cent and the cash reserve ratio at 4 per cent. Since many in the industry were expecting a cut on the interest rates, the decision […]
