reduction in home loan
Confederation of Real Estate Developers‘ Associations of India (CREDAI) is demanding a pro-growth outlook in the policy rates. RBI (The Reserve Bank of India) today announced that the amount of deposits that banks are required to park in government securities will be reduced and unlocked about Rs 40,000 crore of funds. However since the key rates remain [...] Continue Reading »
State-owned Punjab & Sind Bank (PSB) on Tuesday announced a cut in home and auto loans for new borrowers by up to 0.75 percent. According to Chairman and Managing Director of Punjab & Sind Bank, this decision has been taken ‘for the benefit of people at large’. The bank made the announcement just after RBI [...] Continue Reading »
