Comment on RBI Monetary Policy Review - Lotus Greens

Mr. P Sahel, Vice Chairman, Lotus Greens on RBI Monetary Policy Review

The decision of the RBI to keep key policy rates unchanged was widely anticipated by the real estate industry. With inflation already in check, we see the decision of the bank to hold on to key interest rates as a prelude to the gradual easing of interest rates in the days ahead. As the economic recovery process gathers strength and both micro and macro-economic indicators improve further, we believe that it is only a matter of time before home loan rates come down giving further boost to consumer sentiments and real estate demand.

Source : Equity Bulls

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