Posts tagged with Shaktikanta Das

Inflation Targeting Topmost Agenda
Dec 2020 , by in Interviews

Excerpts of the Speech by RBI Governor Shaktikanta Das on the Monetary Policy Committee (MPC) decision to keep interest rates unchanged. Let me begin by setting out the thinking that went into the MPC’s decision and its rationale. The MPC was of the view that inflation is likely to remain eleva... Read more...

RBI Silent On Loan Restructuring
Jun 2020 , by in Latest News, News/Views

While, the central board of the Reserve Bank of (RBI) in its recently held  583rd meeting discussed the current economic situation, evolving challenges posed by the Covid 19 pandemic and the central bank's activities during the July 2019 to June 2020 financial year, it has remained silent on whethe... Read more...

Banks Need To Reduce Lending Rate
May 2020 , by in Realty+ Connect

Manoj Gaur, MD, Gaurs Group and Chairman, Affordable Housing Committee, CREDAI (National) The latest 40 basis point reduction and the earlier rate revisions by RBI are a welcome move for sure which should help the real estate borrower in the long run if passed on and implemented by all banks and ... Read more...

One-Time Restructuring Of Loans Needed
May 2020 , by in Realty+ Connect

Uddhav Poddar, MD, Bhumika Group We welcome the further reduction of policy rates by 40 basis points announced today, with this round of reduction the lending rates are like to be at the lowest in 10-15 years. The extension of loan moratorium by another 3-months will help a vast majority of peopl... Read more...

We Welcome The Prudent Step
May 2020 , by in Realty+ Connect

Ankit Kansal, MD & CEO, 360 Realtors The RBI measures to reduce the repo rate & reverse repo rate is in continuation of the govt. policies to build liquidity & enhance its circulation in the system. The Real Estate welcomes the prudent step. It will help in managing supply-side bottle... Read more...

A Major Step In The Right Direction
May 2020 , by in Realty+ Connect

Dhruv Agarwala, Group CEO, Housing.com, Makaan.com and Proptiger.com With a view to supporting the economy in general and real estate in particular in the wake of Covid-19, the government has in the recent past made a series of announcements. The RBI decision to further reduce the repo rate t... Read more...

A Welcome Move For The Indian Economy
May 2020 , by in Realty+ Connect

Lincoln Bennet Rodrigues, Founder and Chairman, Bennet & Bernard Group   Today’s rate cuts along with the further extension of loan moratoriums by 3 months is definitely a welcome move and will benefit the real estate sector in the near future. It will enable banks to lend even more... Read more...

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