“The RBI has made an understandable decision to keep the rates unchanged and has adopted a wait-and-watch policy for the moment. This has left enough room for a potential rate cut in its next monetary policy announcement once the impact of demonetization is more visible. In due course, this will help the revival of sectors like housing, auto and white goods, which would benefit us as an NBFC.” – Mr. Govind Sankaranarayanan, Chief Operating Officer – Retail Business & Housing Finance, Tata Capital
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