GetamberAnand, President, CREDAI National The 25 basis cut in the repo rate is a welcoming step by RBI. More so,the 75 basis points cut in the marginal standing facility (MSF) iseven a more important announcement by the governor. The most excitingpart of this announcement was governor making the comment that the RBI will push banks to actually cut the rates on lending for homeloans and automobiles loans. This rate cut to end user will be thereal reason of joy for CREDAI. Having said that, we also understandthat at this point of time the banks are burdened with NPAs, whichcalls for a higher amount of provisioning. This will act as keydeterrents for banks to cut rates on retail lending. But we still arevery hopeful that home buyers will get at least a 50 basis point cutin home loan rates. This should definitely go well for the industryat large.