Not happy with the minimal reduction in the repo rate, experts hope the benefits will pass on to the buyer.
The reduction in repo rate cut by 25 basis points to 7.50% is a welcome move, but we hope that banks pass this benefit to the end consumers. Even though RBI seems to have acted a bit late in easing the grip on liquidity, the successive rate cuts shall certainly push sentiments across manufacturing sector and real estate sector which have been impacted in the last few quarters.
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