Will Increase in RBI Lead To Decreased Vehicles Sales?


Thread Starter #1
Joined
Jun 17, 2012
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Hi friends,

RBI cuts its policy rates by 25 basis points in Repo rate and CRR (Cash Reserve Rates).

On this issue of rate cuts, the auto industries seem to have divided opinion.
So we now have to see the sectors like manufacturers and banks how they help the auto sectors.

Regards,
ADS99
Drive safe
 
Joined
Jun 20, 2011
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Bangalore
RBI decision will have only very minor impact on Auto industry and others as well. only few banks have reduced their lending rates little bit.
 

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