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Friday, 07 Feb 2020
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Kaushal Agarwal, Chairman, The Guardians Real Estate Advisory shares views post RBI monetary policy

The Guardians Real Estate Advisory

“The announcement is on expected lines, keeping in mind the inflation and the key policy rate reduction of 135 basis points, that was announced across last year. The banks should, now, be pushed to pass on the benefits of the previous rate cuts that were announced by RBI. The same is imperative to bring down the borrowing cost for the home buyer and provide impetus to demand generation across the category. After a budget that was perceived to be neutral, the revival of credit growth needs to be the government’s top priority, as it will play a significant role in demonstrating a resurgence of growth in economic activity.”

 
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