[부동산] 인도연방은행의 금리 인하, 유가증권대출업에 대한 혜택에 타격 RBI rate cut to benefit securitised home-loan books: Moody's
[INDIA REAL ESTATE NEWS] Good morning, everyone. I’m Lee Jang Ho staff of Kamagroup Pvt. Ltd. Here I have an important INDIA REAL ESTATE news to share with you which is as undermentioned.
The recent rate by the Reserve Bank is credit positive for residential mortgage-backed securities (RMBS) market as it will offset the rising funding cost for the lenders, preventing an increase in mortgage rates, says a report.
Last week, the RBI had cut the repo rate by 25 basis points to 6 percent. This cut was followed by a similar reduction in the February policy.
"Funding costs for lenders have increased by 50 basis points over the past year, and as a result we view a cut in mortgage interest rates as unlikely. However, the recent RBI cuts will help counterbalance the higher costs and help prevent further mortgage rate rises," Moody's analyst Siddharth Lal said in a note Thursday.
Read more at: https://realty.economictimes.indiatimes.com/news/industry/rbi-rate-cut-to-benefit-securitised-home-loan-books-moodys/68842422
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