Posts tagged with reverse repo rate

Heavy Lifting By RBI To Revive Economy
May 2020 , by in Realty+ Connect

Nish Bhatt, Founder & CEO, Millwood Kane International “In a surprise move RBI's rate setting committee - the MPC met off cycle from May 20-22 andannounced a slew of measures in light of subdued economic situation. This is the second timethat the MPC met off cycle. Like global central banks... Read more...

One-Time Restructuring Of Loans Needed
May 2020 , by in Realty+ Connect

Uddhav Poddar, MD, Bhumika Group We welcome the further reduction of policy rates by 40 basis points announced today, with this round of reduction the lending rates are like to be at the lowest in 10-15 years. The extension of loan moratorium by another 3-months will help a vast majority of peopl... Read more...

We Welcome The Prudent Step
May 2020 , by in Realty+ Connect

Ankit Kansal, MD & CEO, 360 Realtors The RBI measures to reduce the repo rate & reverse repo rate is in continuation of the govt. policies to build liquidity & enhance its circulation in the system. The Real Estate welcomes the prudent step. It will help in managing supply-side bottle... Read more...

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