Kaushal Agarwal - Chairman, The Guardians Real Estate Advisory on RBI policy announcement

 

“The status quo was on expected lines. The steep reduction in the rates over the past several months are slowly beginning to show impact on the ground. The move by RBI to link risks to loan to value will help banks shred the cautious lending approach. The move is bound to offer a much needed jump start to lending and liquidity cycle in the marketplace. The move is quite differentiated and going to be effective.”