NIFTY 50

RBI Policy: Housing finance company Repco sees home loan rates falling by 25 bps in 3 months

Updated : October 09, 2020 04:56 PM IST

The RBI has rationalized the risk weights on housing loans in its monetary policy and it’s positive for a lot of the NBFCs.

What this means is that the loans for premium homes where borrowing is above Rs 75 lakh is likely to get cheaper with the RBI making it easier for banks to lend to this segment.

Speaking in an interview to CNBC-TV18, Yashpal Gupta, MD & CEO of Repco Home Finance said that the RBI policy on home loans will lead to higher liquidity in the system.

Gupta expects another decline of 25 bps in rates over the next 3 months.

Watch video for more
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more
Live TV

recommended for you