Of liquidity, lending and spending
Monday, 27.04.2009, 10:14am
There has been a repo rate
cut yet again but for home loan borrowers, it is still early days to
party. If recent history is any indication, banks haven’t really rushed
to lower their lending rates and as a result, intermittent repo and
reverse repo rate cuts have had little impact on borrowers,
particularly home loan seekers.
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