RBI’s decision to Hike rates may not have significant on ground impact on Housing Sales – Ramesh Nair, CEO & Country Head, JLL India
The RBIs decision to increase repo rates by 25 bps to 6.25% after 4 years speaks of a carefully deliberated decision in light of the recent inflationary pressure on the economy. With inflation in April ’18 close to 4.25%, this decision comes as RBI looks to keep inflation under check in light of the US …