The Reserve Bank of India has recently taken a decision about cutting the REPO rate. This is expected to boost credit growth, just before the crucial elections for Lok Sabha in the coming months. Various media publications carried quotes by Piyush Bothra, CFO, Square Yards and Square Capital, the mortgage distribution arm of the group. He opined, “From consumers\u2019 point of view, there will hopefully be a reduction on their EMI burden for home and other loans. However, it remains to be seen how quickly and what quantum of reduction is passed on by commercial banks to the consumers.\u201d Entrepreneur India –\u00a0RBI Cuts Repo Rate and This is How it Impacts Digital Lenders Business Standard –\u00a0RBI rate cut to boost housing demand; more steps needed to improve liquidity: Realtors Outlook India –\u00a0RBI rate cut to boost housing demand; more steps needed to improve liquidity: Realtors Devdiscourse –\u00a0Rate cuts give substantial push to property buyer sentiment: Anarock chairman Money Guru India –\u00a0India Inc says thank you, RBI, now please get rate cut passed on<\/p>\n","protected":false},"excerpt":{"rendered":"
The Reserve Bank of India has recently taken a decision about cutting the REPO rate. This is expected to boost credit growth, just before the crucial elections for Lok Sabha in the coming months. Various media publications carried quotes by Piyush Bothra, CFO, Square Yards and Square Capital, the mortgage distribution arm of the group. […]<\/p>\n","protected":false},"author":7,"featured_media":14427,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[234],"acf":[],"_links":{"self":[{"href":"https:\/\/www.squareyards.com\/blog\/wp-json\/wp\/v2\/posts\/14426"}],"collection":[{"href":"https:\/\/www.squareyards.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.squareyards.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.squareyards.com\/blog\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.squareyards.com\/blog\/wp-json\/wp\/v2\/comments?post=14426"}],"version-history":[{"count":2,"href":"https:\/\/www.squareyards.com\/blog\/wp-json\/wp\/v2\/posts\/14426\/revisions"}],"predecessor-version":[{"id":1082477,"href":"https:\/\/www.squareyards.com\/blog\/wp-json\/wp\/v2\/posts\/14426\/revisions\/1082477"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.squareyards.com\/blog\/wp-json\/wp\/v2\/media\/14427"}],"wp:attachment":[{"href":"https:\/\/www.squareyards.com\/blog\/wp-json\/wp\/v2\/media?parent=14426"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.squareyards.com\/blog\/wp-json\/wp\/v2\/categories?post=14426"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}