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Reserve Bank cutting down repo rates will make the situation better

Sudeep Agarwal, MD, Shri Group

Sudeep Agrawal, MD, Shri Group, said RERA was already doing rounds in the real estate sector and now with the Reserve Bank cutting down repo rates will only make the situation better than before. “Cutting down on the repo rates is sure allow banks more margin towards cutting down on the lending rates, hence increasing the purchasing power of the common man,” he said.

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