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Below is Perspective on RBI MPC Announcement by Nitin Bavisi, CFO, Ajmera Realty and Infra India Ltd. “The RBI repo rate hike of 25bps was on the expected line given the retail inflation being well within the lines of moderation and the RBIs limit of 6% tolerance bandwidth along with the projected slug-like GDP performance. This move will accommodate the anticipated recessionary churn and aid in maintaining the quarterly GDP performance as expected. The RBI's...
RBI MPC Commentary : This move will accommodate the anticipated recessionary churn Says Nitin Bavisi, Ajmera Realty and Infra India
Perspective on RBI MPC Policy Announcement by Nitin Bavisi, CFO, Ajmera Realty and Infra India Ltd. “The RBI's decision to hike the repo rate by 35 bps is on the much-expected lines with the primary goal of keeping inflation in check. Although this will lead to a marginal rise in lending rates, it may not be of much deterrence for the real estate industry backed by the positive sentiments of homebuyers and strong demand influenced due to the price rise of Indian re...
The current stance on the repo rate will have lower impact on the mortgage rate Says Nitin Bavisi, Ajmera Realty and Infra India Ltd
Perspective on RBI MPC Policy Announcement by Nitin Bavisi, CFO, Ajmera Realty and Infra India Ltd. “The RBI today increased the repo rate by 50 bps bringing the policy rate back to pre-pandemic levels, highest since August 2019. The quantum of the rate hike was on the upper end of the market expectations. RBI retaining its GDP estimate for FY23 at 7.2% illustrates the relatively strong macro fundamentals of the Indian economy compared to advanced economies in the worl...
Perspective on RBI MPC Policy Announcement By Nitin Bavisi, Ajmera Realty and Infra India Ltd
Below is Perspective on MPC Policy Announcement by Nitin Bavisi, CFO, Ajmera Realty and Infra India Ltd. "The RBI today increased the repo rate by 50 bps, the quantum of the rate hike was on the upper end of the market expectations. The central bank has also tweaked its policy stance to withdraw the accommodative policy, ending the easy liquidity policy. The RBI inflation trajectory above 6.5% is a cause of concern, but the big announcement was raising the limit of loans for t...
Perspective on MPC Policy Announcement by Nitin Bavisi, Ajmera Realty and Infra India Ltd
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