February 2 2016, 14.32 PM IST || Pocket News Alert
Mr. David Walker, Managing Director of SARE Homes
“Keeping the repo rate unchanged at 6.75 per cent was an expected move considering the current challenging economic environment. Growth seems to be slowly picking up and there is a growing sentiment of stability in the market. Notwithstanding the monetary framework, the government needs to steer focus towards bringing about reforms and a policy makeover to revive the ailing sector. We are expecting that the government would take considerate steps closer to the budget and provide further rate cuts to channelize economic growth.”
