Amit Goenka, MD and CEO at Nisus Finance.

“The RBI action is in line with expectations and it’s effect can be seen in a stabilising rupee, and increased FII inflows into the stock market, which will greatly help the long run health of the economy and positively impact demand for housing. In the short run, there is likely to be an impact on PMAY and rural areas are likely to see slightly slower growth:  Mr. Amit Goenka, MD and CEO at Nisus Finance