Comment on RBI Monetary Policy by Shrinivas Rao, FRICS, CEO, Vestian
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 Shrinivas Rao, FRICS, CEO, Vestian
“RBI maintained status quo and kept the repo rate unchanged at 6.5% for the sixth time in a row. It is a welcome move to curb inflation and control liquidity in the market. Moreover, this stability in the monetary policy along with robust economic growth may result in sustained demand for real estate assets.”
Mr. Rao further added, “Headline inflation inched up marginally to 5.7% in December 2023 from 5.6% in the previous month. If inflation comes down under RBI’s target limit, the second half of 2024 may witness rate cuts, further boosting the housing demand.”
Above views are of the author and not of the website kindly read disclaimer
.jpg)
