Oct 06, 2023

RBI's Decision to Balance Growth and Inflation Garners Praise from Experts

The Reserve Bank of India's (RBI) recent decision to maintain its benchmark interest rate has drawn the attention of experts, who commend its measured approach to balancing economic growth with inflation control. Mr. Amit Sarin, Managing Director of Anant Raj Ltd, shares his insights in this context with ETV Bharat.

The RBI's decision reflects its commitment to supporting economic growth, particularly in light of global uncertainties and inflationary pressures. Mr. Amit Sarin views this as a positive move that will contribute to the sustained recovery in India's economic growth, with a specific focus on the housing and real estate sectors.

Mr. Sarin emphasizes the potential benefits for the housing market, anticipating robust demand for residential properties in the coming quarters. His perspective aligns with the broader consensus among experts that the RBI's decision strikes the right balance between promoting growth and addressing inflation concerns.