RBI guideline
In the FY15 thus far, the Corporate Debt Restructuring (CDR) cell has not received any debt recast requests; thanks to the new guidelines which have been put in place by the Reserve Bank of India with regard to the management of stressed assets. The new RBI guidelines were announced in January, and became effective from [...] Continue Reading »
Real estate experts have predicted a downward pressure to be faced especially in affordable and mid-income housing. Central bank has sent a notification to exclude stamp duty, documentation charges and registration charges in concern with ascertaining value of the property. With this kind of notification the property buyers are sure to delay their decision of [...] Continue Reading »
