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RBI announces relief measures for real estate sector, developers hail move

RBI announces relief measures for real estate sector, developers hail move

The Reserve Bank of India’s (RBI) monetary policy meet on Thursday offered major policy measures to support the slowing real estate sector, drawing applause from sector players. To boost growth and lift sentiment, the RBI has eased the cash reserve ratio (CRR) requirement of commercial banks for sectors with multiplier-effect, including the residential housing segment. […]


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