Unchanged Rates by RBI Fails to Cheer Up Realty
In the first monetary policy review post the Union Budget 2018 – 19, RBI Governor Dr. Urjit Patel has left interest rates, Statuary liquidity ratio (SLR) and Cash reserve ratio (CRR) unchanged. This means that the RePo rate stands at 6 percent, Reverse RePo at 5.75 percent, Marginal Standing Facility (MSF) at 6.25 percent, CRR at 4 percent and SLR at 20 percent. Read what the industry experts have to say. For more info CLICK HERE…
Source: Realty Fact