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Follow on Google News | Reserve bank of india cuts repo rateBy: greaterbangalore This move was on expected lines. In fact, many believed the cash reserve ratio too would be brought down again to infuse more liquidity into the banking system. With the inflation rate showing a downtrend, and a moderating growth rate, there was strong demand for a more pro-growth policy. The RBI too has been taking measured steps towards bringing down the key policy rates and infusing more liquidity into the banking system, in order to bring down the cost of funds for prospective borrowers. The expectations are that in the annual Credit Policy meet in May, the RBI will continue this trend and bring down the policy rate further. In the coming financial year, banks are expected to begin a more aggressive home loan marketing campaign given the growing demand for housing and increasing liquidity in the system. For homebuyers, the rising costs of construction and increasing land prices are factors pushing for early purchase.So in this time Greater Bangalore Estates are offering homes with best affordable prices .Greater Bangalore Eco Assets Pvt Ltd, formerly Greater Bangalore Estates, one of the top builders and developers in Bangalore (http://www.greaterbangalore.com/ End
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