The rate hike seems like a calculated call by the RBI and is on expected lines Says Mr. Y. Viswanatha Gowd, LIC Housing Finance
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Below View On RBI Monetary policy by Mr. Y. Viswanatha Gowd, MD & CEO, LIC Housing Finance
“The rate hike seems like a calculated call by the RBI and is on expected lines. Today’s increase in rates will be benign as far as equated monthly instalments (EMIs) of home loans are concerned. The fact remains that the Indian economy is faring better than most major economies and therefore I expect good buoyancy to remain prevalent in the real estate sector"
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