RBI poised to cut interest rates by 25 basis points to boost growth amid global challenges, benefits for real estate.

The Reserve Bank of India (RBI) is poised to reduce key interest rates by up to 25 basis points in a bid to boost growth in the face of global economic challenges. T

The Reserve Bank of India (RBI) is poised to reduce key interest rates by up to 25 basis points in a bid to boost growth in the face of global economic challenges. This decision comes on the back of a backdrop of steady inflation rates and is likely to have a positive impact on the housing and real estate industries in the country. The formal declaration is set to be made on April 9 during the 54th Monetary Policy Committee (MPC) meeting.