The Reserve Bank of India (RBI), in its third bi-monthly monetary policy review for 2017-18 on August 2, 2017, slashed its benchmark lending rate by 0.25 per cent to six per cent. This rate … READ FULL STORY
The Reserve Bank of India, on August 2, 2017, slashed its benchmark lending rate by 0.25 per cent to six per cent, citing a reduction in the upside risk to inflation. This reduction in … READ FULL STORY
Interest rates play a key role in the home buying decision, when one opts for a home loan. Presently, the interest rate on home loans, is around the 8% mark, which looks very attractive, … READ FULL STORY
Reduction in loan-to-value ratio While lending money against any tangible security, the lender can advance a loan up to a certain percentage of the asset’s value. This is called the loan-to-value (LTV) ratio. This … READ FULL STORY
Close on the heels of the Reserve Bank of India’s (RBI’s) policy action, India’s largest lender, State Bank of India, on June 9, 2017, announced a lowering of interest rates by 10 basis points, … READ FULL STORY
The Reserve Bank of India (RBI), on June 7, 2017, reduced the risk weight for individual housing loans above Rs 75 lakhs, to 50 per cent from the earlier 75 per cent, while for … READ FULL STORY
The Reserve Bank of India (RBI), on June 7, 2017, kept interest rates unchanged, as widely expected but raised concerns over fiscal slippages in view of a rush for farm loan waivers. The fifth … READ FULL STORY
Welcoming the RBI’s decision to allow banks to invest in Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs), realty sector experts said this move will give the much-needed boost to the industry … READ FULL STORY
The Reserve Bank left its benchmark lending rate unchanged at 6.25%, on April 6, 2017, for the third policy review in a row, citing upside risk to inflation. It however increased the reverse repo … READ FULL STORY
The Reserve Bank of India (RBI) on Wednesday, February 8, 2017, surprised the market by keeping the repo rate unchanged at 6.25% in its monetary policy review. This has disappointed the market in general … READ FULL STORY
The Reserve Bank of India (RBI), on February 8, 2017, kept its policy rate unchanged at 6.25%. This decision has been greeted with surprise, by the real estate fraternity. “While the recent demonetisation drive … READ FULL STORY
In its first monetary policy review in 2017, on February 8, the Reserve Bank of India (RBI) has decided to keep key rates unchanged. Accordingly, the repo rate at which it lends to the … READ FULL STORY
The substantial cut of 0.90% by the State Bank of India in its marginal cost of funds-based lending rate (MCLR), has created a lot of interest amongst the general public and borrowers, in particular. … READ FULL STORY
