Comments from Mr. Sandeep Runwal – President, NAREDCO Maharashtra and Managing Director, Runwal Group on the RBI policy

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New Delhi, February 11, 2022: In view of inflationary concerns, the Reserve Bank of India (RBI) has continued to maintain the status quo on key policy rates. It has taken a proactive stance to ensure liquidity. The MPC also maintained that the ‘accommodative’ stance will continue as long as needed. This will provide the required fuel for the growth of the economy along with the real estate industry, which is allied with several other sectors. As the industry is recovering from the impact of the 3rd wave of Covid, it is important to support growth and spending. By keeping the interest rates unchanged, RBI has clearly indicated that it is looking for sustainable growth and boosting consumer sentiments.

Corporate Comm India (CCI Newswire)