Quote on MPC meet outcome from Mr. Ashish Khandelia - Founder at Certus Capital and Earnnest.me
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Below the Quote on Quote on MPC meet outcome from Mr. Ashish Khandelia - Founder at Certus Capital and Earnnest.me
"The rate pause by RBI is on expected lines. Rate increases over last 1.5 years have been absorbed well without any impact on buyer interest, which remains very robust. And this pause will further help sustain the momentum. The GDP growth at 7.6% for Q2 was a positive surprise, but it was largely led by government consumption and capex. This pause may also help with private consumption and capex, which will be helpful for the economy especially as we will likely see a deceleration in government capex next year due to elections."
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