2025-02-07 11:41:29 am | Source: Vestian
Reaction on RBI Monetary Policy by Shrinivas Rao, FRICS, CEO of Vestian
Below the Reaction on RBI Monetary Policy by Shrinivas Rao, FRICS, CEO of Vestian
"The RBI's 25 bps reduction in the repo rate was anticipated, given the slowdown in GDP growth to 5.4% in the second quarter of FY’25, marking the slowest expansion over seven consecutive quarters. This rate cut, the first in nearly five years, aims to bolster market liquidity. It's likely to buoy the real estate sector with expectations of major banks trimming mortgage rates. However, it is also expected to exert downward pressure on rupee value in international markets, barring foreign investments.”
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