Realtors reaction to RBI’s credit policy.
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Realtors reaction to RBI’s credit policy.

Mumbai : India | Oct 31, 2012 at 9:35 PM PDT
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RBI announced the change in credit policy on the reduced CRR rate by 0.25 % and the unchanged REPO rates. Mr. Gavurav Mittal, who is the Managing Director of CHD Developers and Member, Governing Council, CREDAI, has shared with Moneycontrol. "RBI has taken a cautious stance by reducing the repo rate by 0.25% but keeping the lending rates unchanged, in lieu of high inflation.

tishakothari is based in Thāna, Maharashtra, India, and is a Stringer on Allvoices.
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