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The Economic Times
The Economic Times

CREDAI, NAREDCO hail RBI policy, stable home loan interest rate to help sustain housing demand

RBI CREDAI Naredco Reserve Bank of India the Reserve Bank of India GDP Inflation Interest Rates

New Delhi: Realtors' apex bodies CREDAI and NAREDCO on Wednesday hailed the Reserve Bank of India's decision to keep the repo rate unchanged, saying a stable home loan interest rate regime would help sustain housing demand.

The Reserve Bank of India (RBI) kept its benchmark policy rate unchanged for the fourth consecutive meeting on Wednesday, opting to wait for greater clarity on whether higher energy costs triggered by the Iran war feed into broader inflationary pressures.

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