Comment by Mr. Bhushan Nemlekar – Director, Sumit Woods Limited on today’s RBI policy announcement

Mr. Bhushan NemlekarDirector, Sumit Woods Limited.

“The RBI Policy decision is in the right direction. I feel now with the upcoming festive season, banks will offer better rates to the customers for housing loans. We hope that the bank takes cue from RBI’s accommodative stance and passes on the benefit to the home loan buyers.”