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The Hindu
The Hindu
Lifestyle

‘Real estate may see huge investments’

RBI Inflation Economy India Interest Rates

Market experts have reacted to the RBI repo rate revision.

Samantak Das, Chief Economist, and Head - Research and REIS, India, JLL. 

“RBI’s announcement of an increase in the policy rate by 50 basis points (bps) – the second consecutive hike - is along expected lines in the backdrop of persistent inflation, global headwinds, and macroeconomic situation. The prolonged rise in inflation which touched 7.8% in April 2022 has been due to supply chain disruptions created by the global geopolitical situation. RBI has been decisive in its intent to mitigate the impact of inflation on economic growth by increasing the policy rates and gradual withdrawal of liquidity.

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