RBI monetary policy : Anurag Mathur, Chief Executive Officer, Savills India views

Savills India, International Property Consultants with presence across Indian cities like Mumbai, Delhi, Bangalore, Chennai, Pune and Hyderabad.

Quote on behalf of Mr. Anurag Mathur, Chief Executive Officer, Savills India where he shares his views on the RBI monetary policy announced today in the wake of COVID-19.

“In these trying and testing times, a resultant of the ongoing COVID-19 pandemic, the RBI has gone all out, announcing a host of measures  to revive growth, mitigate the negative ramifications on the economy, preserve the stability of the entire financial ecosystem, while obviously keeping in mind the inflation levels.  

After the Finance Minister’s announcement of Rs 1.7 lakh crore package yesterday, the central bank has made some bold steps to ensure that the financial burn for individuals and businesses remains minimal. 

Mr. Anurag Mathur,
Chief Executive Officer,
Savills India

Today’s radical lowering of rates by 0.75% (75 bps) along with other steps – foregoing the orthodox approach – are exemplary. This is an unprecedented step by the RBI, demonstrating its ability to think strongly out-of-the-box when it needs to.’’  

About Savills India:

Savills is India’s premier professional international property consulting firm. Savills began its India operations in early 2016 and has grown significantly since then. With offices in Bangalore, Mumbai, and Gurgaon; and having serviced clients in Hyderabad, Chennai, Pune and Kolkata as well, Savills India is well-positioned to work with clients across all major cities in India. Savills India's offer expertise across the spectrum from the Real Estate sector including Consulting for Residential, Commercial and Retail services, Project management, Tenant Representation, Research, Industrial, Warehousing and logistics, Office and Co-working Space, Investment, Student Housing, Retirement Living along with infrastructure and more

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