View On RBI MPC announcement reaction By Y. Viswanatha Gowd, LIC Housing Finance
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Below is on RBI MPC announcement reaction By Mr. Y. Viswanatha Gowd, MD & CEO of LIC Housing Finance
“Keeping repo rates the same is a welcome decision. This may put to rest the anxiety amongst the borrowers that emanated with the EMI increase consequent to a series of repo rate hikes. Today’s move sends a positive signal and improves the sentiments. We expect the real estate along with other sectors to build up on this as it has come at the beginning of the new financial year. The prospective homebuyers will now be encouraged to crystallise their buying decision.”
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