Mr. Nikhil Madan, MD Mahima Group on RBI MPC
“RBI’s decision to hold rates and maintain neutral stance signals a calibrated pause not complacency. Amid rising global uncertainties, geopolitical tensions to crude driven inflation risks and currency pressures, central bank is clearly prioritising macroeconomic stability over short term stimulus. For real estate, this translates into continued demand resilience supported by strong credit growth and steady end user sentiment, even as rate cuts remain off the table in the near term. Equity markets may see intermittent volatility, but the underlying growth trajectory hovering around the 6.7to 7.2% range keeps India firmly positioned as a relative bright spot. The real inflection now hinges on how sustainably private capex cycles and consumption momentum can offset external shocks.”
