Priority sector lending
The public sector lender Bank of Maharashtra on Monday stated that it has been planning to start the infrastructure bonds in the upcoming six months in order to raise funds. The Reserve Bank of India (RBI) has recently omitted long term bonds from the mandatory regulatory norms like the Cash Reserve Ratio or CRR, the [...] Continue Reading »
The Confederation of Real Estate Developers’ Associations of India (Credai) has decided to work towards the theme ‘Home For All by 2022’. The meeting of the body that was held during August 6-8 laid special thrust on the mission of pucca housing for all by 2022. C Shekar Reddy, National President, Credai, in a statement [...] Continue Reading »
A senior bank official says that Axis Bank has launched a home loan scheme for the people whose per month income is less than Rs 10,000 per month. The bank is looking at disbursals of up to Rs 1,000 crore in a year’s time However these loans will have higher risk due to as the [...] Continue Reading »
