Mumbai, 10th February 2022 (GNI): Mr. Sandeep Runwal – President, NAREDCO Maharashtra and Managing Director, Runwal Group, announced his comments on the RBI policy today.
“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,” stated in the press release.ends
Be the first to comment on "Comment by Mr. Sandeep Runwal – President, NAREDCO Maharashtra and Managing Director, Runwal Group on RBI Policy Announcement – February 10, 2022"