{"id":16907,"date":"2019-08-12T17:20:57","date_gmt":"2019-08-12T11:50:57","guid":{"rendered":"https:\/\/www.squareyards.com\/blog\/?p=16907"},"modified":"2025-08-12T10:51:14","modified_gmt":"2025-08-12T05:21:14","slug":"tanuj-shori-on-the-recent-interest-rate-reduction-by-rbi","status":"publish","type":"post","link":"https:\/\/www.squareyards.com\/blog\/tanuj-shori-on-the-recent-interest-rate-reduction-by-rbi","title":{"rendered":"Tanuj Shori on the Recent Interest Rate Reduction by RBI"},"content":{"rendered":"<div style=\"text-align: justify;\">The country\u2019s central bank \u2013 Reserve Bank of India \u2013 has cut interest rates for the fourth time in a row. The repo rate cut has been cut by 35 basis points and now stands at 5.4% \u2013 the lowest since April 2010. With this, the RBI has reduced interest rates by 110 bps since the start of the year. But, is it time to rejoice already?<\/div>\n<div style=\"text-align: justify;\">\u00a0<\/div>\n<div style=\"text-align: justify;\">\u201cIn the past, despite rate cuts like these, home loan interest rates remained sticky as deposit rates for banks remained high,\u201d points out Tanuj Shori, Founder and CEO, Square Yards and Square Capital.<\/div>\n<div style=\"text-align: justify;\">\u00a0<\/div>\n<div style=\"text-align: justify;\">Read more to get an insight into what more the Real Estate leader \u2013 Mr. Tanuj Shori \u2013 has to say.<\/div>\n<div style=\"text-align: justify;\">\u00a0<\/div>\n<div style=\"text-align: justify;\"><strong>Published by: Economic Times<\/strong> <strong>Date: 12 August 2019<\/strong><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The country\u2019s central bank \u2013 Reserve Bank of India \u2013 has cut interest rates for the fourth time in a row. The repo rate cut has been cut by 35 basis points and now stands at 5.4% \u2013 the lowest since April 2010. With this, the RBI has reduced interest rates by 110 bps since [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":16910,"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\/16907"}],"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\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/www.squareyards.com\/blog\/wp-json\/wp\/v2\/comments?post=16907"}],"version-history":[{"count":6,"href":"https:\/\/www.squareyards.com\/blog\/wp-json\/wp\/v2\/posts\/16907\/revisions"}],"predecessor-version":[{"id":1082649,"href":"https:\/\/www.squareyards.com\/blog\/wp-json\/wp\/v2\/posts\/16907\/revisions\/1082649"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.squareyards.com\/blog\/wp-json\/wp\/v2\/media\/16910"}],"wp:attachment":[{"href":"https:\/\/www.squareyards.com\/blog\/wp-json\/wp\/v2\/media?parent=16907"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.squareyards.com\/blog\/wp-json\/wp\/v2\/categories?post=16907"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}