Considering the demand of Indian Economy for low rate of interest, pressure to have reasonable exchange rate and to take care of possibility of hike in interest rate by the US Federal Reserve, the reduction of Repo Rate by 25 basis points is a step in the right direction.

Jan 1 1900 | Industry View

View of Manoj Paliwal, on RBI monetary policy review...

Manoj Paliwal, CFO, Omkar Realtors
┬┤Considering the demand of Indian Economy for low rate of interest, pressure to have reasonable exchange rate and to take care of possibility of hike in interest rate by the US Federal Reserve, the reduction of Repo Rate by 25 basis points is a step in the right direction. RBI will need to ensure that benefits of policy decision reach to the end users.┬┤

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