Jun 15 2015 | Industry View

View of R.K. Panpalia, on RBI monetary policy review...

R.K. Panpalia, MD, Wave Infratech
We at Wave, applaud the move taken by RBI to reduce the repo rate by 25 bps which is a good move for the customers. This decision by the apex bank would bring in more liquidity in the market which in turn would mean a boost to the real estate sector as well. Moreover, the reduction in repo rate would trigger a fall in home loan rates and hence reduced EMIs and therefore a renewed interest by end users to invest in housing projects.

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