There
is no housing price bubble building up in India, Reserve Bank of India (RBI)
Governor Mr. Duvvuri Subbarao said on recently in a post-policy conference call
with analysts.
The
RBI cut interest rates on recently by a quarter point for the third time since
January, 2013. But said there is little room for further policy easing,
disappointing investors & putting the onus on the government to revive a
moribund economy.
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