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RBI MPC: CREDAI Says Repo Rate Cut Might Have 'Limited Direct Impact'; Here's Why
The Confederation of Real Estate Developers' Associations of India (CREDAI) on Friday stated that the RBI's decision to cut the benchmark lending rate by 25 basis points might have a "limited direct impact.
Reactions to RBI repo rate cut
The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide stimulus to the sluggish economy, which is projected to grow at its slowest pace in four years during the current fiscal year.
RBI Rate Cut: Boosting Affordable Housing in India
India's central bank, the RBI, has cut the benchmark repo rate by 25 basis points, providing a potential boost to the real estate sector, particularly affordable housing. While the cut's direct impact is limited,
RBI cuts repo rate by 25 bps to 6.25% after 5 yrs; industry welcomes move
The Reserve Bank of India (RBI) on Friday reduced the repo rate by 25 basis points from 6.5% to 6.25% in another step to boost the economy, media reports said.
RBI cuts repo rate by 25 basis points to 6.25%, first time in 5 years
On Friday, the Reserve Bank of India’s (RBI) six-member Monetary Policy Committee (MPC) reduced the repo rate, the rate at which the RBI lends to commercial banks by 25 basis points, bringing it down to 6.
4d
on MSN
India will not undertake direct debt switch with RBI, top ministry official says
The Reserve Bank of India's holding of sovereign bonds due to mature next financial year will likely be treated at par with ...
money.rediff
19h
RBI Allows Non-Bank Brokers Direct NDS-OM Access
The Reserve Bank of India (RBI) has allowed Sebi-registered non-bank brokers to directly access the NDS-OM platform for ...
10h
RBI’s 25bps rate cut may have limited direct impact, more needed to boost housing demand: CREDAI
Commenting on the monetary policy announcement, CREDAI National President Boman Irani said, "The RBI's decision to reduce ...
cnbctv18
15h
RBI MPC Meeting Highlights: Central bank announces 25 basis points rate cut, Governor Sanjay Malhotra calls it 'symbolic'
The RBI has reduced the repo rate by 25 basis points to 6.25%, maintaining a neutral stance. Governor Sanjay Malhotra said ...
19h
on MSN
Sebi-registered non-bank brokers can directly access NDS-OM: RBI
The RBI has granted SEBI-registered non-bank brokers direct access to the NDS-OM trading platform for government securities.
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