Reserve Bank of India (RBI) cut the repo rate by 25 basis points to 6 percent on Wednesday. Last time in November 2010, the repo rate was at 6 per cent level. Thus, in the last six and a half years this bank is the lowest level of rates. With this reduction in the repo rate, the loan given to housing, vehicles and companies is expected to be cheaper.
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गुरुवार, अगस्त 03, 2017
Home buyers will be benefitted from RBI's rate cut decision, real estate is also happy
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