Market Commentary

Comment on RBI Monetary Policy Review - KV Developers



Posted On : 2014-04-02 11:39:36( TIMEZONE : IST )

Comment on RBI Monetary Policy Review - KV Developers

RBI has kept all rates unchanged in the Monetary Policy Review.

Mr. Aman Agarwal, Director, K.V. Developers on RBI Monetary Policy Review

"We were expecting a cut in the rates by RBI. We know for the apex bank, the priority is to tame inflation but it should not hamper growth. For real estate sector in particular, conditions are already adverse as country is approaching general elections and home buyers tend to wait. Any cut in key rates today would have boosted the sentiments and could have impacted demand. We believe RBI would consider our concerns as well and would cut rates significantly".

Source : Equity Bulls

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