08-02-2024 12:24 PM | Source: PR Agency
Comment on RBI Monetary Policy by Mr. Pradeep Aggarwal, Founder & Chairman, Signature Global (India) Ltd
![](https://portfolio.investmentguruindia.com/uploads/news/Mr Pradeep Aggarwal, Signature Global India.jpg)
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Below the Comment on RBI Monetary Policy by Mr. Pradeep Aggarwal, Founder & Chairman, Signature Global (India) Ltd
As expected, the RBI kept rates on hold. The prolonged pause, for the sixth time, since February 2023, is aimed at keeping inflation in check without hurting the economic growth momentum. With the reduction in policy rates would have been the best scenario for interest-sensitive sectors like the real estate sector, policy continuity is the next best outcome for both borrowers and developers alike. The decision allows homebuyers to make informed choices, which is expected to result in enhanced demand across all housing segments in line with the country’s overall economic progress.
Above views are of the author and not of the website kindly read disclaimer
Latest News
![](https://portfolio.investmentguruindia.com/uploads/news/Nirmal bang.jpg)
Market is expected to open on a flattish note and li...
![](https://portfolio.investmentguruindia.com/uploads/news/unionB23.jpg)
What small traders from Varanasi expect from the Uni...
![](https://portfolio.investmentguruindia.com/uploads/news/Kedia Cotton Report.jpg)
Sell Kapas Apr @ 1625 SL 1640 TGT 1605-1590. NCDEX -...
![](https://portfolio.investmentguruindia.com/uploads/news/Monarch networth.jpg)
Banking index is likely to trade in line with the be...
![](https://portfolio.investmentguruindia.com/uploads/news/nirmalaS22.jpg)
Economic Survey: Non-farm sectors to play important ...
![](https://portfolio.investmentguruindia.com/uploads/news/Broker _16.jpg)
Pre-Market comment by Deven Mehata , Research Analys...
![](https://portfolio.investmentguruindia.com/uploads/news/Broker _11.jpg)
Opening Bell : Markets likely to get cautious start ...
![](https://portfolio.investmentguruindia.com/uploads/news/StockMarket23.jpg)
India needs to have gradual evolution of financial m...
![](https://portfolio.investmentguruindia.com/uploads/news/Kedia Bullion Outlook.jpg)
Sell Silver Sep @ 89500 SL 90000 TGT 88900-88500. MC...
![](https://portfolio.investmentguruindia.com/uploads/news/geojit market watch.jpg)
Market Watch : Brace for Budget Day volatility - Geo...