Real estate may experience significant investments
The Reserve Bank of India’s (RBI) announcement of a 50-basis point (bps) increase in the policy rate – the second consecutive increase – is on track with the background of chronic inflation, global headwinds, and macroeconomic circumstances.” The prolonged rise in inflation, which reached 7.8 percent in April 2022, was caused by supply chain interruptions caused by the global geopolitical crisis. The RBI has been steadfast in its goal of mitigating the impact of inflation on financial growth by raising interest rates and gradually withdrawing liquidity.… Read more