Knight Frank India welcomes RBI Monetary policy
Kolkata, Feb. 7 -- Knight Frank of India has welcomed RBI's new
Governor Sanjay Malhotra and congratulated
him on his first Monetary Policy announcement on Friday.
"We welcome new Governor Sanjay Malhotra and congratulate him on his
first Monetary Policy Announcement.
We are glad to hear the Monetary Policy Committee's decision to The
RBI's decision to cut the repo rate by 25 basis
points to 6.25 percent aims to stimulate economic growth amid
expectations of easing inflation. The recent budget has
also played a crucial role in managing inflation by focusing on fiscal
discipline and targeted spending. This as well enabled
the RBI to manoeuvre a rate cut," said KFI in a statement.
For the real estate market, lower borrowing costs are expected...
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