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The Economic Times
The Economic Times

Stable home loan interest rate to sustain housing demand: Industry bodies CREDAI, NAREDCO

Naredco CREDAI RBI

New Delhi: Real estate industry bodies CREDAI and NAREDCO on Friday hailed the RBI's decision to keep repo rate unchanged despite inflationary concern, saying a stable interest rate regime would help sustain housing demand.

On Friday, The Reserve Bank of India (RBI) kept its benchmark repo rate unchanged at 5.25 per cent, and announced a raft of measures to attract foreign capital and support the rupee.

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