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Unchanged repo rate positive for home loan borrowers: Realtors
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financialexpress.comIf you have taken a home loan or were planning to go for one in the near future, here’s good news for you. As widely expected, the RBI maintained status quo on key policy rates in its December monetary policy on Wednesday. While no change in the repo rate was expected, there was the possibility of the reverse repo rate being hiked, which also didn’t happen.
Commenting on the same, Anuj Puri, Chairman, ANAROCK Group, said, “With Omicron throwing a shadow of doubt across the world and in India, the RBI has decided to keep the repo rate unchanged at 4% and the reverse repo rate at 3.35%. This was expected, and is the ninth consecutive time that the RBI maintained status quo amid current uncertainties.”
The unchanged repo rate will help maintain
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