Considering the action-less economy and low investor sentiment in the real estate market, expectation of developers to lower the key rates was obvious and reasonable. However the hopes have been dashed as RBI (Reserve Bank of India) has decided to keep the rates unchanged. Both Repo Rate (rate at which RBI lends capital to the banks) and Cash Reserve Ratio (amount of funds that banks required to maintain without any floor or ceiling rate with RBI) retained the figure of 7.25 percent and 4 percent respectively. Developers who were expecting slight lowering of the percentage (such that the interest rates of loan might come down) are disheartened with the RBI strategy of keeping the rates fixed.Realty sector is already getting trampled under the feet of economic slowdown. Under such circumstances, RBI’s decision of not decreasing the key rates might worsen the situation. The lessening of growth rate of the country was a factor that needs high attention and measures to boost development is excessively necessary at present time.It is natural that RBI is completely focused in the defence of weakening Rupee and steps to support economic growth is extremely important. But in the meantime, the apex body should not forget the lethargic air in the realty market and the need of hour is to enhance its face.займ на карту без отказов круглосуточновзять кредит онлайн