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Realtors Want Banks To Lower Home Loan Interest Rates

Realtors Want Banks To Lower Home Loan Interest Rates
New Delhi: Realtors' bodies CREDAI and NAREDCO on Tuesday said the Reserve Bank of India should take measures to ensure that banks pass on the benefits of previous policy rate cuts to customers as this would revive housing demand. The RBI on Tuesday left borrowing costs unchanged but signalled a prospect of interest rate reduction later this year if strong monsoon rains dampen inflation. "We expected a 25 bps rate cut in the moneta...
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