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RBI’s accommodative policy stance to augur well for home loan borrowers, realty market
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financialexpress.comIn its monetary policy meet on Wednesday, the RBI maintained status quo and continued with the accommodative policy stance which, industry experts and realtors felt, was in line with expectations and will act as a catalyst for economic growth.
The MPC meeting, in fact, took place at a time when the country is coping with high inflation, despite the fact that the rate has declined from its peak in June 2021, when it was above 6%.
“However, the economy grew at a record pace of 20.1 per cent in the April-June quarter compared to the same period last year, when a nationwide lockdown caused by the Covid-19 outbreak had halted almost all economic operations. The pandemic and lockdown was a silver lining for the real estate sector given it is a
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