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Reaction on RBI MPC By Mr. Y. Viswanatha Gowd, MD & CEO of LIC Housing Finance

“The repo rate hike by 50 basis points to 5.4% is closely in line with the expectations. RBI’s decision is well measured and abreast with the global economic trend. The repo rate hike will cause some minimum fluctuation in the EMIs or the tenure on the home loans but demand for housing will remain robust.”

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