Quote on Monetary Policy by Mr Ramesh Nair, India and Market Development, Asia, Colliers
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Below is quote on Monetary Policy by Mr Ramesh Nair, Chief Executive Officer, India and Market Development, Asia, Colliers
“For the 8th consecutive time, the Reserve Bank of India has kept repo rates unchanged at 4%. We predicted that the repo rate will remain constant to boost consumption in the ongoing festive period. It will go a long way in steering housing sales. Several banks have already lowered their home loans rates by a stable repo rate since September 2021. Overall, it is a good time for homebuyers who can avail of low home loan rates, along with steady prices”.
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