Just Abhi, RBI Update: RBI can help all borrowers (home and car loan) during the festive season.

The rules will be released on October 6.

From October 4, a three-day meeting of the six-member Monetary Policy Committee (MPC) headed by RBI Governor Shaktikanta Das will begin.

The results of the meeting will be released on Friday, October 6. Bank of Baroda Chief Economist Madan Sabnavis said, “This time the current interest rate structure and policy stance are likely to continue in the monetary policy.”

Karthik Srinivasan, Senior Vice President and Group Head (Financial Sector Ratings) of ICRA Limited also expressed hope that the MPC will keep the rate stable. “The liquidity crunch seen in the second half of September is unlikely to continue,” he said. The additional CRR presented in the recent policy review will help unlock liquidity, especially.

OPS Scheme: Big gift to government employees, old pension scheme can be implemented again after 20 years

NAREDCO National President Rajan Bandelkar said that RBI will continue. Business has benefited as RBI has kept key interest rates stable for a long time.

Great news for crores of electricity consumers of UP! Given the increasing demand in the public sector, smart meters will now replace them. This approach may motivate potential buyers to purchase real estate by taking loans, which will increase the overall activity in the real estate market. We expect the RBI to ensure adequate liquidity in the banking system as it is important for banks to give loan and financing options to both developers and buyers.

Now considering the reduction in repo rate, Vikas Garg, Joint Managing Director, Ganga Realty, said, “We expect the RBI to continue its industry-friendly stance and maintain the status quo on the repo rate.