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India's central bank keeps interest rates steady at 5.5% to support the housing market.
The Reserve Bank of India kept the repo rate unchanged at 5.5%, aiming to maintain stability in interest rates and support the housing market.
This decision, announced by Governor Sanjay Malhotra, is expected to boost demand during the festive season and provide long-term predictability for developers and homebuyers.
Despite a 20% drop in housing sales in major cities and US tariffs, experts see the move as a strategic one, preserving room for action if economic conditions worsen.
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El banco central de la India mantiene las tasas de interés estable en el 5,5% para apoyar el mercado de la vivienda.