Expectations on Upcoming Monetary Policy by Mr Piyush Bothra, Co-Founder and CFO, Square Yards
Below the Expectations on Upcoming Monetary Policy by Mr Piyush Bothra, Co-Founder and CFO, Square Yards
“Given the front-loaded rate cut in June and ongoing global uncertainties, particularly the recently announced US tariffs, we expect the central bank to adopt a wait-and-watch approach and maintain the current 5.50% repo rate. For property markets and the real estate sector at large, this means interest rates are likely to remain stable, sustaining the current momentum. Moreover, since the previous rate cuts have yet to be fully transmitted, the RBI is expected to take a firmer stance with banks and NBFCs to ensure the benefits are passed on to borrowers. While an immediate rate cut seems unlikely, a 25-basis point cut in the October meeting remains on the table and could serve as a significant festive season stimulus for the housing market.”
Above views are of the author and not of the website kindly read disclaimer
