Mr. Ranjeet Mudholkar, Vice Chairman and CEO, FPSB India

Mr. Ranjeet Mudholkar, Vice Chairman and CEO, FPSB India on the First Bi – Monthly Monetary Policy:Ranjeet Mudholkar, VC & CEO, FPSB India.JPG

 

“The status quo of the Repo rate has probably been maintained essentially on account of the upward risk to inflation being anticipated. Additionally coupled with the RBI’s announcement that the banks may invest in Real Estate Investment Trusts (REITs) is a positive measure for both Banks and the real estate developers; As for the Banks it offers an additional important asset class for investment and brings liquidity, while it enhances liquidity for the real estate firms thus freeing up the capital and lowering the cost of capital.”

 

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