..........As the cuts pass through into floating mortgage rates, it will make a difference to the housing market. By extension, it may cause a revival in construction, real estate, construction materials, etc. Other rate sensitives such as the auto- industry and other working capital intensive businesses will eventually benefit. This scenario of a virtuous cycle depends on two main assumptions. One is that the RBI will continue cutting. The second is that reflexivity will push the market up. I think the RBI will be cautious. But it will cut every so often............
The very purpose of VITALINFO is to provide a platform for wider dissemination of updated information related to and happening of events in and around RBI.
No comments:
Post a Comment