Mr. Rohit Gadia, Founder & CEO, CapitalVia Global Research Limited further RBI policy review. “The policy announcement by RBI was at par with the expectations of D-Street. But the Markets were in a bad mood post RBI’s policy announcement benchmark index Nifty was down by more than one percent as the news was already discounted by the market and further reason […]
“It is a welcome step by the apex bank. We now expect banks to cut home loan rates to pass on the actual benefits to home buyers. This will revive the otherwise sluggish market and hope demand and supply gap is reduced. Developers also stand to gain as market will see more liquidity. Once rates […]
Mr Manoj Gaur, CREDAI NCR, President says on RBI policy review “It is a welcome move by RBI. The move has come as a breather for the real estate sector which did not get big bang announcements in the recent time. Rate cut will eventually act as a catalyst for home buyers with banks expected to cut lending […]
by Vikaas Sachdeva, CEO, Edelweiss Asset Management Existing investors should remain invested into longer term funds if they can stay for another 12 months as currently long term yields are trading at an attractive level over the repo rate. New investor with an investment horizon of 12-18 months can also start adding duration to their […]
The RBI cut repo rate by 25 bps to 7.25% as per market expectations. The reasons for cutting rates in this policy meet were: · Banks have started the process of policy transmission · Unseasonal rains have had limited effects on food inflation · Administered prices remain muted · Timing of US fed rate hike […]
By Rashesh Shah, Chairman and CEO, Edelweiss Group “RBI’s stance was more or less on expected line, although we were hoping for a 50bps rate cut. The central bank expects inflation to inch higher, and has downgraded its growth forecast – not a very good sign of things to come. In this regard monsoon becomes […]
The rate cut is a welcome step considering the need to further improve domestic demand and revive credit growth. The uncertainties cited in the policy statement present a pragmatic evaluation of economic conditions warranting a guarded approach, particularly with regard to risks to inflation and impact of monsoon. In summary, the policy stance is in […]
Mumbai: The real estate industry welcomes the announcement of Dr. Raghuram Rajan, RBI Governor on a cut of 25
Mumbai : Hailing the RBI’s announcement of repo rate cut by 25 basis points, Mr.Lalit Kumar Jain, CMD, Kumar Urban Development Ltd and former Chairman CREDAI said steps like these are gradational in renewing the zest of the real estate sector.
by Nirakar Pradhan, Chief Investment Officer, Future Generali Life Insurance “RBI cut the repo rate for the 3rd time this calendar year taking it to 7.25%. We believe, this is a positive development as the monetary measures will complement various fiscal measures being undertaken by the Government to boost growth, recover the investment cycle and improve […]
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