Quote on RBI Policy announcement By Mr. Bhushan Nemlekar, Sumit Woods Limited
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Below is quote on RBI Policy announcement By Mr. Bhushan Nemlekar, Director, Sumit Woods Limited
"The RBI's decision to maintain its accommodative stance was on the expected lines in light of the rising cases due to the Covid-19 new variant Omicron and its potential to cause the on-going economic recovery to stumble. The prevailing low home loan rates are already enticing for homebuyers which has immensely benefited the real estate sector. The Government will continue taking affirmative measures as long as it is necessary to revive the economy and alleviate the Covid-19 impact."
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