RBI
The chairman of State Bank Of India thinks after the decision taken by the RBI, the monetary transmission will increase over the industries. Credit absorption will increase for the commercial banking’s. Auto loans, farmer credit will see a good market opportunities. Public sector companies will also roll out their investment plans to absorb lot of [...] Continue Reading »
According to the Reserve Bank of India (RBI), the value of the security of a real estate property does not cover the outstanding loan amount, which leads to larger non-performing assets (NPAs). It is tough to get a loan against the NPAs. As the risk weightage for any loan exceeding the Loan To Value of [...] Continue Reading »
Property buyers are again to face a sharp blow for home loans. According to latest notice by the Reserve Bank of India, banks have to exclude the stamp duty, registration fees and other charges to calculate the total value of a property while giving a loan. This notification means there will be a setback in [...] Continue Reading »
The Cash Reserve Ratio (CRR) rates has been cut down by the Reserve Bank of India (RBI). The Confederation of Real Estate Developers’ Associations of India (CREDAI) is all happy to welcome the cut down of CRR rates by 50 base points. This policy is said to improve the liquidity in the realty sector. Now, [...] Continue Reading »
The realty scenario for the year 2011 was a roller coaster ride. Too many residential projects were paused, with plenty of apartments are still left unsold! The housing finance companies were in a complete dilemma with the interest rates hiked many times during this year. The delay in project execution was a major drop down! [...] Continue Reading »
Mumbai developers and builders blame Reserve Bank of India (RBI) for the poor realty sales for the year 2011. Every month there is 12 percent reduction in realty sales, which is a huge loss indeed! However, the realty analysts say that RBI is doing its job and has been neutral by pausing and easing interest [...] Continue Reading »
Finally, Reserve Bank of India (RBI) has kept the interest rates unchanged! This is the first time midst this year RBI has paused the hike. During this year RBI has hiked the interest rate nearly 13 times within a span of 21 months. Also central bank has shown clear signs of interest rates dropping down [...] Continue Reading »
Reserve Bank of India (RBI) recently had set up a committee to taken initiative of ensuring proper flow of finance in India. This was also aimed to ensure transparent and non-discriminatory pricing of credit. Meanwhile the Deputy Governor of Reserve Bank of India, K C Chakrabarty reported saying that the housing finance companies and the [...] Continue Reading »
The Reserve Bank of India (RBI) has planned to reduce the number of financial shares from resident and non-residents in India. This new set of financial norms is said to be released at the earliest and this will include investments made on housing and other such things. This plan will be approved by RBI only [...] Continue Reading »
The credit demand in the banks are increasing rapidly this festival season and the national banks in Mumbai recorded that the hiring of loans growing higher than the deposits this prevailing month. This loan rates have been increasing steeply by the Reserve Bank of India (RBI). According to the statistics recorded by the RBI the [...] Continue Reading »
