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RBI Monetary Policy Reaction Quote – Manu Singh, Business Head – Housing Finance, Kotak Mahindra Bank

 

“The RBI’s decision to reduce the repo rate highlights its commitment to fostering economic growth and stability. This reduction allows existing customers across banks to benefit from lower tenors or EMIs based on their preferences. At Kotak, we continuously monitor the economic environment and adjust our offerings to ensure that our customers receive the maximum benefits from any changes in monetary policy.”

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