Reaction on RBI MPC announcement by Shri. Tribhuwan Adhikari, MD & CEO of LIC Housing Finance
Below the Reaction on RBI MPC announcement by Shri. Tribhuwan Adhikari, MD & CEO of LIC Housing Finance
“The RBI’s decision to cut the repo rate by 25 bps to 6.25% is a welcome move, marking the anticipated beginning of the rate cut cycle. This, combined with the recent Budget’s focus on increasing disposable income and boosting housing affordability, will create a positive sentiment for homebuyers. The reduction in borrowing costs is expected to further stimulate housing demand, particularly in the affordable and mid-income segments. As we are into crucial business months ahead, we look forward to an uptick in home loan demand, driven by improved consumer confidence.”
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