The RBI is trying to turn the tables. It is making sure that housing loans are cheaper so that more people looking for their own accommodation would go for the option.
The RBI is trying to turn the tables. It is making sure that housing loans are cheaper so that more people looking for their own accommodation would go for the option. India’s newly-minted monetary policy committee delivered a surprise 25-basis-point cut in the repo rate to 6.25 per cent and the RBI expects that food inflation would ease in the months ahead. Let us all wait for achche din. The RBI is proceeding on the expected lines under its new governor.
M.R. Jayanthi
Navi Mumbai
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