RBI MPC Meeting Begins Repo Rate Likely to Remain Unchanged, with Real Estate Sector Watching Closely
The Reserve Bank of India’s MPC meeting begins today, with expectations that the repo rate will stay at 6.5%. The real estate sector is particularly focused on the decision, hoping for a rate cut that could lower home loan EMIs and boost demand, especially in the affordable housing market. Industry experts believe the RBI’s stability in monetary policy will continue to foster growth, contributing to India’s overall economic resilience.