Some experts predict a rate cut in the near future to provide impetus to various sectors, including real estate, and foster economic growth.
5 min read . 08:48 PM IST
RBI maintained its repo rate at 6.50%, but with a hawkish policy stance on 'withdrawal to accommodation'. Real estate experts welcomed the decision, saying that as long as the repo rate is not increased, home loan interest rates will remain steady, providing relief for borrowers.
