Rakesh Bohra, COO of Pioneer Urban Land & Infrastructure: RBI’s 25 Basis Points Repo Rate Cut to Drive Economic Growth and Support Urban Development

Rakesh Bohra, Chief Operating Officer, Pioneer Urban Land & Infrastructure Ltd.

“The RBI’s decision to cut the repo rate by 25 basis points to 6.25% is a timely and much-needed step to provide the long-awaited boost to the economy. This decisive and welcome move is set to drive both sectoral and overall economic growth. The rate cut comes at an opportune moment, aligning with the ongoing decline in inflation, which is expected to ease further. Combined with the strong support for urban development in the Union Budget 2025, this policy shift will have a lasting positive impact on the sector, bringing the industry closer to a more developed and resilient future.”