Monday, December 18, 2017

Reserve Bank of India’s Monetary Policy review: Anshuman Magazine, Chairman, India and Southeast Asia, CBRE
Wednesday, October 4, 2017 - 9:06:54 PM - By Anshuman Magazine, Chairman, India and Southeast Asia, CBRE
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Anshuman Magazine, Chairman, India and Southeast Asia, CBRE
“The RBI policy review of keeping the rates unchanged is in line with industry’s expectations and also in consonance with the central bank’s objective of achieving the medium term target for CPI inflation of 4%. Global events such as the bullish trend in crude oil prices and the weakening of the rupee resulted in the RBI maintaining status-quo.

The stability in rates is expected to help build resilience in the current situation of sluggish GDP growth and rising inflation. While the residential sector expects enhanced activity levels in the ongoing festive season, homebuyers hoping for a further dip in borrowing costs could still get some relief as some banks may consider lowering their lending rates to leverage the festive season.”

~ Anshuman Magazine, Chairman, India and Southeast Asia, CBRE
Anshuman Magazine
Chairman
India and Southeast Asia
CBRE
RBI
Policy Review