APN News

  • Thursday, August, 2020| Today's Market | Current Time: 01:58:11
  •  Mr Anil Saraf, Chairman & Managing Director, ASF Group on RBI’s increasing the repo rate today.

    “Just about when markets started looking up a bit, and robust direct and indirect tax collection started trickling in, this increase in repo rate by RBI will plateau the accelerating pace of economy. Naturally, the cost of funds will go up. This will also adversely impact investor sentiment which in turn will further effect the real estate sector.”