Rate relief cheered: Auto industry backs RBI’s 50 bps repo...

Dununu.com Dununu

Sponsor

Rate relief cheered: Auto industry backs RBI’s 50 bps repo cut; expects boost in affordability, retail demand

RSS Feed Business

Posted

87

India's automobile sector is optimistic following the Reserve Bank of India's rate cut, anticipating improved financing access and strengthened consumer sentiment. The reduction in repo rate and CRR is expected to infuse liquidity, boosting vehicle retail and supporting overall economic growth. Stakeholders believe this timely intervention will enhance affordability and spur demand in the auto industry.

Read Full Article

Please log in to like, share and comment!

PM Oli: Pushpa Lal never compromised principles for personal gain

KATHMANDU: Prime Minister KP Sharma Oli has said that Pushpal Lal Shrestha, the founding General...

By 0 3

'100 khoon maaf karne ke liye': CM Revanth Reddy bats for Vice-President from Telangana; cites OBC neglect by NDA

By 0 3

Sanskrit Universities to link up via shared digital library

By 0 3

IND vs ENG: Yashasvi Jaiswal's acrobatic shot leaves Jofra Archer baffled - Watch

India started strong in the ongoing Test match. Yashasvi Jaiswal and KL Rahul opened the batting....

By 0 15

Surveen reflects on facing casting couch: 'It was just filthy...'

Surveen Chawla revealed the emotional challenges she faced due to the prevalent casting couch...

By 0 32