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RBI rate cut to ease pressure on securitised home-loan books: Report

Updated : April 11, 2019 03:15 PM IST

Last week, the RBI had cut the repo rate by 25 basis points to 6 percent. This cut was followed by a similar reduction in the February policy.
"Funding costs for lenders have increased by 50 basis points over the past year, and as a result we view a cut in mortgage interest rates as unlikely.
RBI rate cut to ease pressure on securitised home-loan books: Report
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