Neutral Stance on policy but hiked rates, RBI seems to be playing both sides of equation: Hiranandani

By Dr. Niranjan Hiranandani, President (Nation), NAREDCO A monetary policy that encourages economic growth, or one that controls inflation, this has been an eternal debate. The Reserve Bank of India (RBI), during its bi-monthly policy meeting this Wednesday, seemed to be playing both sides of the equation – it confirmed its ‘neutral’ stance

Hike of 0.25 basis points in repo rate will not make major difference to real estate: Niranjan Hiranandani

By Accommodation Times Bureau MUMBAI The RBI has raised a 'cautionary flag' on inflation, by raising the repo rate by 25 basis points. This marks the first interest rate hike in four-and-a-half years. The counter-balancing factor was that the RBI has retained its 'neutral' stance. The six-member monetary policy committee (MPC), headed

Basking in the aftermath

Ashvita Singh Accommodation Times News Service Real estate, to put it gently, is going through a rough phase. Rather given, when a sector as unorganized as this, which mostly- if not entirely- rely on cash transaction, has to go through demonetisation- a move, for what it’s worth, has nullified the virtue of cash

Highlights from RBI monetary policy

RBI

Accommodation Times New Services Taking the real-estate industry by surprise, the announcement of RBI monetary policy remained largely uneventful. Following are certain highlights from the monetary declaration: The Reserve Bank of India kept the repo rate unchanged at 6.25%. Reserve repo rate is set at 5.75%. RBI kept short term lending rate unchanged. Retail