RBI repo rate in February 2024
RBI leaves repo rate unchanged for 6th time in a row February 8, 2024: The Reserve Bank of India (RBI) decided to maintain a status quo on the repo rate for the fifth time in … READ FULL STORY
Property Trends
Tag: RBI
Current News
RBI urges public to be cautious of fraud in the name of KYC update
February 03, 2024: The Reserve Bank of India (RBI) on February 2 cautioned the general public against frauds being committed on the pretext of Know Your Customer (KYC) updation, and advised to exercise caution … READ FULL STORY
Home Loans
What is the floating rate of interest? How is it different from a fixed rate?
Unless home loan borrowers specify that they want to borrow their loan with a fixed rate of interest, banks in India, as a standard practice, link it to a floating rate of interest. What … READ FULL STORY
Current News
RBI leaves repo rate unchanged for 5th time in a row
December 8, 2023: The Reserve Bank of India (RBI) decided to maintain a status quo on the repo rate for the fifth time in a row. The move to hold the rates at 6.5% by … READ FULL STORY
Current News
RBI may hold rates for 5th time in a row, say experts
December 4, 2023: The Reserve Bank of India (RBI) may maintain a status quo on key policy rates for the fifth time in a row, indicate industry experts and private polls. The banking regulator will … READ FULL STORY
Research
Assessing Home Buyers Sentiments: How Confident Are They on The Residential Property Market?
The sentiments of homebuyers serve as a crucial gauge of the real estate market’s vitality. Their optimism or caution not only affects property values and market activity but also plays a crucial role in … READ FULL STORY
Current News
RBI leaves repo rate unchanged at 6.5%
October 6, 2023: The Reserve Bank of India on October 6, 2023, left the repo rate unchanged at 6.5% for the fourth time in a row. The move by India’s apex banks augurs well … READ FULL STORY
Current News
RBI extends last date to exchange Rs 2,000 banknotes till Oct 7
October 1, 2023: The last date to exchange or deposit Rs 2,000 banknote has been extended from September 30, 2023, to October 7, 2023, according to a press release by the Reserve Bank of … READ FULL STORY
Personal Finance
5 best dining credit cards
Do you dine out more often? If yes, then it’s the time for you to choose the best credit card that gives you various benefits of dining out. By selecting the right credit card, … READ FULL STORY
Current News
RBI leaves repo rate unchanged at 6.5% as record-high food prices pinch
August 10, 2023: The Reserve Bank of India today decided to leave the repo rate unchanged at 6.5% amid local pressure arising out of record high vegetable prices and global economic concerns. The move to … READ FULL STORY
Current News
Banks to communicate to borrowers on loan EMI reset: RBI governor
August 10, 2023: In a move that will help home loan borrowers in India, the Reserve Bank of India (RBI) has decided to usher in greater transparency in the EMI (equated monthly instalment) resetting process … READ FULL STORY
Current News
Digital payments grow by 13.24% in FY23: RBI Index
July 28, 2023: Digital payments across India grew by 13.24% year-over-year (YoY) in the financial year 2022-23 (FY23) that ended March 2023, shows the RBI’s Digital Payments Index (DPI). This index by the RBI … READ FULL STORY
Analysis
Share of housing loans in total advances jumps to 14.2% in 11 years
July 3,2023: The share of residential housing loans in total advances has increased over the last 11 years to 14.2% in March 2023 from 8.6% in March 2012, according to the latest Financial Stability … READ FULL STORY
