Quote on RBI Policy announcement By Ms. Shraddha Kedia-Agarwal,Transcon Developers
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Below is quote on RBI Policy announcement By Ms. Shraddha Kedia-Agarwal, Director, Transcon Developers
"RBI maintaining status quo on key policy rates was expected given the inflationary concerns in recent months. The decision will help to sustain liquidity for some period amid the rising fear due to the new Omicron variant of Covid-19. The low interest rates for the last few months has already given a boost to the real estate sector upticking the demand in the last few quarters and enhancing the confidence of the homebuyers. The decision will also help in sustaining economic stability as well as keep the real estate sector stay afloat during these unprecedented times."
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