June 6 2016, 17.51 PM IST || Pocket News Alert
Mr. Aman Agarwal, Director, KV Developers & Governing Council Member NAREDCO
“We hope the RBI will cut the repo rate, this will help in boosting the demand and a major relief for the home borrowers. Indian economy which is under pressure and shows slow signs of progress, a rate cut will give much needed push for home buyers. Even if, RBI announces 25 basis, this will add liquidity and ease the burden of monthly EMIs. Lastly, we expect banks to pass the benefit to end users after the rate cuts, if any”.
