“The RBI action is in line with expectations and it’s effect can be seen in a rupee stabilisation, and increased FII inflows into the stock market. In the long run, this will greatly help economy and positively impact demand for housing.” said Amit Goenka, MD and CEO at Nisus Finance.
He further added, “In the short run, there is likely to be an impact on PMAY and rural areas are likely to see slightly slower growth”
