Quote on RBI MPC reaction by Shri. Tribhuwan Adhikari, MD & CEO, LIC Housing Finance
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Below the Quote on RBI MPC reaction by Shri. Tribhuwan Adhikari, MD & CEO, LIC Housing Finance
“The RBI's decision to maintain the repo rate at 6.5% is as expected. The rate-hike cycle pause coupled with the projected 7% GDP growth for FY25 gives an outlook of positivity. The effects of Government led infrastructure initiatives are visible nationwide and impacting housing demand positively, particularly in Tier-2 and Tier-3 cities. The Budget announcements on PMAY are going to give further impetus to the affordable housing segment. It will definitely aid in home loan business growth for lenders".
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