Anuj Khetan, Director, Vijay Khetan Group on RBI policy announcement

 

"Due to the second wave of COVID-19 and the lockdown restrictions imposed in various states, the monetary policy committee’s decision to keep key rates unchanged at four percent was on expected lines. This move is a much-appreciated step recognizing the role of the real estate sector in generating employment and economic activity. With the interest rates at a record low, the Government will continue taking affirmative measures as long as it is necessary to revive the economy and mitigate the impact of the second wave of the pandemic."