Mr. Parth Mehta, Paradigm Realty on the MPC announcement Repo Rate Cut by 0.35%. - MYREALITY.In, Real Estate, Share Market, Mutual Fund, Insurance
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Wednesday, August 07, 2019

Mr. Parth Mehta, Paradigm Realty on the MPC announcement Repo Rate Cut by 0.35%.

Below perspective of Mr. Parth Mehta, Managing Director, Paradigm Realty on the MPC announcement Repo Rate Cut by 35bps.

“The 0.35% (35 BPS) rate cut is a great news tad more than our expectation of 25 bps.

This shall help faster transmission of rate cuts as already banks are standing with excess liquidity and now will be compelled to Deploy in good assets for which rate cuts benefits need to be passed on in the form of cheaper consumption finance loans linked to auto , home loans , personal loans etc.
 
Mr. Parth Mehta, Managing Director,
Paradigm Realty 
The credit growth is very important for inducing investment cycles to return back. With surplus liquidity in hand and repo rate standing almost 1.1% (110 bp)s lower at 5.4% from start of 2019, the transmission of aggressive rate cuts by banks should follow and spur credit growth propelling consumer spending hence bringing back healthier economic growth”



Mr. Parth Mehta, Paradigm Realty on the MPC announcement Repo Rate Cut by 0.35%. Reviewed by Investment Guru on August 07, 2019 Rating: 5 Below  perspective of Mr. Parth Mehta, Managing Director, Paradigm Realty  on the  MPC announcement Repo Rate Cut by 35bps. “The 0...

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