RBI has once again shown uniformity by maintaining status quo: Navin Makhija
Author(s): City Air NewsMr.Navin Makhija, MD, The Wadhwa Group. “The RBI has once again shown uniformity by maintaining status quo with the key lending rate remaining unchanged at 6.25% in its first bi-monthly policy of the fiscal year...
cityairnews
Apr 6, 2017 12:30
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Mr.Navin Makhija, MD, The Wadhwa Group.
“The RBI has once again shown uniformity by maintaining status quo with the key lending rate remaining unchanged at 6.25% in its first bi-monthly policy of the fiscal year 2017-18. We expected some reform in the policy. Nonetheless, we support this decision and will adopt a wait and watch approach for now. We hope the RBI takes measures to cut interest rates in the near future to complement the initiatives taken by the Government to ensure stabilisation of the Real Estate Market.”
Mr Navin Makhija, Managing Director, The Wadhwa Group.
Date:
Thursday, April 6, 2017
