A repo rate is a tool for monetary policy that central banks employ to manage inflation and manage the flow of money into an economy. It describes the rate at which a central bank makes short-term loans to commercial banks. The repo rate is regulated by the Reserve Bank of India (RBI), which serves as the nation’s central bank.… Read more
Repo rate rising again, homebuyers may delay agreements.
Tags: Realty NewsRepo Rate
The Reserve Bank of India (RBI) has raised the repo rate for the fifth time in a row by 35 basis points (bps). According to experts, this may cause prospective homeowners to postpone their immediate intentions to purchase in property and instead choose for rental lodgings over the following several quarters. Read on to discover how the latest raise may affect house purchasing mood and sales.… Read more
