APN News

  • Friday, April, 2024| Today's Market | Current Time: 04:18:34
  • Reaction on RBI policy review by CapitalVia Global Research

    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 […]

    Quote by Mr. Aman Agarwal, Director, KV Developers on RBI Monetary Policy

    “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 […]

    Quote by Mr. Manoj Gaur, President, CREDAI NCR

    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 […]

    Quote by Vikaas Sachdeva, CEO, Edelweiss Asset Management: RBI Credit Policy

    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 […]

    Quote on RBI : Sahil Kapoor, AVP, Edelweiss Retail Capital Market Research

    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 […]

    Quote from Rashesh Shah: RBI Policy

    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 […]

    Comments of Ms Chanda Kochhar, MD and CEO, ICICI Bank on RBI credit policy

    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 […]

    RBI rate cut – an excellent move but needs more, says Rajesh Prajapati

    Mumbai: The real estate industry welcomes the announcement of Dr. Raghuram Rajan, RBI Governor on a cut of 25

    Repo rate cut must lead to interest cut, says developer Lalit Kumar Jain

    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.

    Quote on RBI’s monetary policy by Nirakar Pradhan, Chief Investment Officer, Future Generali Life Insurance

    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 […]