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

88

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

Vă rugăm să vă autentificați pentru a vă dori, partaja și comenta!

Karnataka to reduce SSLC, II PU pass marks to 33%: What students need to know

By 0 5

Four NC ministers resign from Bagmati Provincial govt

KATHMANDU: Four ministers from the Nepali Congress have resigned from the Bagmati Province...

By 0 6

Four Ministers resign from Bagmati Province government

HETAUDA: Four ministers from the Bagmati Province government have tendered their resignations....

By 0 9

Is return to UAE possible after deportation? Everything to Know about laws, process, and exceptions

Deportation in the UAE is when a foreigner is legally removed from the country, either by a court...

By 0 15

Five arrested for duping job seekers with fake foreign employment promises

KATHMANDU: Nepal Police have arrested five individuals on charges of defrauding job seekers by...

By 0 32