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this dis-inflationary pressure. And in all likelihood, this may be the end of the monetary tightening process by the central bank in this fiscal year," Knight Frank India Chief Economist and Director Research Samantak Das said.
Brys Group CMD Rahul Gaur said the repo rate hike is not just disappointing but also surprising and it would further hammer the buyers' sentiments.
TDI Infracorp Managing Director Kamal Taneja said the hike in repo rate by RBI would hit already weak investment momentum and impact Indian economic growth. "This step will make corporate and retail loan more expensive. It may increase EMI burden on common man".