RBI continued Accommodative stance to help economic growth: Knight Frank India

10 Feb 2022 , 04:27 PM

“At this critical juncture when the economy is just recovering from the instability caused by the third wave of pandemic, RBI’s decision to keep the policy interest rate unchanged is a welcome move. There are still lingering growth concerns in the economy and RBI’s accommodative monetary policy stance will be supportive of growth.

The Housing market has been showing a healthy bounce back from the covid crisis and low interest rates will help in improving affordability and sustaining the growth momentum.  The sustenance of housing market recovery will have a strong multiplier effect on overall economic growth”

The author of this article is Mr. Shishir Baijal, Chairman & Managing Director, Knight Frank India

The views and opinions expressed are not of IIFL Capital Services, indiainfoline.com