PNB Housing CEO says RBI hike will marginally affect demand
Ajai Kumar Shukla, Managing Director and CEO of PNB Housing Finance, said the RBI’s recent 25-bps repo rate hike is unlikely to significantly dent demand in the affordable housing segment.
The Reserve Bank of India’s recent 25-bps repo rate hike is unlikely to significantly dent demand in the affordable housing segment, according to Ajai Kumar Shukla, Managing Director and Chief Executive Officer of PNB Housing Finance, who believes the increase will have only a marginal impact on m…