Quote on the RBI MPC Announcement by Mr. Sukesh Bhowal, MD & CEO, Motilal Oswal Home Finance Ltd
Below the Quote on the RBI MPC Announcement by Mr. Sukesh Bhowal, MD & CEO, Motilal Oswal Home Finance Ltd
“It’s a very welcome move by the RBI and will significantly improve home purchase affordability. For affordable HFC s like us, a faster transmission of the repo rate cuts leading to reduced MCLR for banks will help us bring down our borrowing costs, thereby benefiting our lower income group customers.”
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