12-08-2021 12:29 PM | Source: PR Agency
Quote on Monetary Policy By Mr Ramesh Nair, Colliers
News By Tags | #4112 #248 #607 #3482 #6972 #126

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

https://t.me/InvestmentGuruIndiacom

Download Telegram App before Joining the Channel

Below is quote on Monetary Policy by Mr Ramesh Nair, Chief Executive Officer, India and Market Development, Asia, Colliers

On expected lines, RBI has kept repo rates unchanged at 4% for the 9th consecutive time. This accommodative stance will aid demand dynamics and propel economic growth to mitigate the impact of Covid-19. This will support RBI’s vision of GDP growth of 9.5% for the year. At the same time, the growth will also hinge upon the new variant of covid-19 and its impact. The unchanged repo rate will continue to improve sentiments in the real estate sector. The housing sector is already seeing a revival in sales, led by low home loan rates, pent-up demand, and stable prices”. 

 

Above views are of the author and not of the website kindly read disclaimer