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  • Friday, April, 2024| Today's Market | Current Time: 09:05:12

    • Budget Quotes

    Quote by Mr. Kishore Lodha – Chief Financial Officer, U GRO Capital on RBI MPC

    “Once again, the primary focus of the RBI Monetary Policy this time has been on inflation. Since the current inflation is far above the targeted rate of 4%, immediate rate cuts seem to be unlikely, thus rates will remain elevated for some more time. On the positive side, GDP growth has been projected to be […]

    Budget Quotes

    Reaction on RBI Monetary Policy Announcement by Mr. Surendra Hiranandani

    The monetary policy committee’s decision to maintain the current repo rate is prudent and encouraging for the housing market. The stance of the committee provides prospective homebuyers with optimism as it acknowledges the controlled inflation. The Indian real estate market has witnessed a notable growth of 9.5% since early 2023. The REPO rate decision, coupled […]

    Budget Quotes

    Quote on the RBI Monetary Policy by Dr. Poonam Tandon, Chief Investment Officer at IndiaFirst Life

    “The RBI kept the policy rates unchanged with the repo rate at 6.5% on expected lines, maintaining the status quo for a third consecutive time. The committee stated that transmission of the 250 BPS rate hike is still incomplete and working through the economy. The global outlook remains challenging with the global financial landscape rapidly […]

    Budget Quotes

    Reaction on RBI Policy

     1. Shrinivas Rao, FRICS, CEO, Vestian “Despite headline inflation being out of the central bank’s comfort zone in July and August 2023, it maintained status quo and kept repo rate unchanged at 6.5%. This move showcases RBI’s confidence in the market and anticipation of moderating headline inflation in the future. We anticipate both real estate […]

    Budget Quotes

    Quote on RBI Momnetory Policy

    “Mr. Ankush Kaul, Chief Business Officer at Ambience Group  praised the decision made by the RBI’s Monetary Policy Committee to keep the key policy repo rate unchanged at 6.5%. This marks the fourth consecutive meeting where the MPC has opted to maintain the status quo on the repo rate. The MPC had previously raised this […]

    Budget Quotes

    Quote on RBI Monetary Policy

    Vimal Nadar, Senior Director & Head of Research at Colliers India RBI is expected to continue its ‘pause’ stance and keep the benchmark lending rate at 6.5% for the fourth consecutive time. While consumer price inflation has moderated from the 15-month high of 7.44% in July 2023, the concerns of elevated food inflation remain high, […]

    Budget Quotes

    Quote by Mr. Shashank Mewada – Chief Financial Officer at Homesfy Realty Ltd.

    The Reserve Bank of India has definitely surprised us again by keeping the repo rate persistent at 6.5%. The decision to keep the repo rate unchanged once more reflects a cautious approach by the RBI to combat inflation in the nation. While some might have anticipated a shift, it seems the authorities are carefully balancing the need to […]

    Budget Quotes

    Quote on RBI Monetary Policy by Mr YS Chakravarti, MD & CEO, Shriram Finance.

    ” The RBI’s decision to pause the repo rate was in accordance with expectations, given the current stability of domestic inflation. However, concerns persist due to ongoing global headwinds. The upward trend in vegetable prices is anticipated to subside as the monsoon progresses favourably across India. The recent mild El Nino conditions have played a role […]

    Budget Quotes

    Quote by Murthy Nagarajan, Head – Fixed income, Tata Mutual Fund.

     RBI kept Policy rates unchanged in the current monetary policy but has revised the CPI inflation projections for the current year to 5.4% from 5.1%  in the previous policy, assuming normal monsoon. RBI governor stated for first quarter of next financial year 2024-25 , CPI is expected to be 5.2%.  Monetary Policy members are looking […]

    Budget Quotes

    Quote on RBI Momnetory Policy, Aug 2023:

    “Mr. Ankush Kaul, Chief Business Officer at Ambience Group hailed the RBI’s move and said that the  discerning homebuyers should avail benefits of cooling inflation, stable home loan rates. The judgement is welcome news for prospective homebuyers who plan to apply for home loans in the near future. The current momentum in housing sales, which […]

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