RBI hikes interest rate by 40 bps to 4.40%
NEW DELHI: The Reserve Bank of India (RBI) on Wednesday increased the benchmark lending rate by 40 basis points (bps) to 4.40 per cent in a bid to contain inflation,… Read more »
Tag: RBI
Indie Homefin, eight NBFCs surrender certificates of registration to RBI
NEW DELHI: Eight Non-Banking Financial Companies (NBFCs) and one housing finance company have surrendered their certificates of registration to RBI. The Mumbai-based Indie Homefin Pvt Ltd has surrendered the Certificate… Read more »
RBI keeps policy rate unchanged for 7th time in a row; repo retained at 4 per cent
NEW DELHI: The Reserve Bank of India (RBI) on Friday decided to keep benchmark interest rate unchanged at 4 per cent but maintained an accommodative stance as the economy is… Read more »
How real estate industry leaders react to RBI’s monetary policy
NEW DELHI:Today, maintaining status quo for the second time in a row, Reserve Bank of India (RBI) led by Governor Shaktikanta Das, has decided to keep benchmark interest rate unchanged… Read more »
CREDAI requests RBI to pass on the benefit of the Rate Cuts
NEW DELHI: CREDAI, the apex developer’s body has written a letter to Shaktikanta Das, Governor, Reserve Bank of India requesting to pass on the benefit of reduction in repo rates… Read more »
Real estate developers want banks to pass on benefit of rate cut to customers; demand one-time debt restructuring
NEW DELHI: Real estate developers on Friday welcomed cut in key interest rates but said the RBI needs to take more steps, such as one-time debt restructuring of builders loan,… Read more »
Real estate woes impacting core sectors; working with RBI for solution: Nirmala Sitharaman
NEW DELHI: Finance minister Nirmala Sitharaman on Tuesday said the government and Reserve Bank of India (RBI) are working to resolve the issues being faced by realty sector. Admitting that… Read more »
RBI cuts rates by 0.25% to support growth
NEW DELHI: The Reserve Bank of India (RBI) on Friday cut its key rates by 0.25 per cent to boost economy from six-year low saying reduction was necessary to revive… Read more »
RBI plans to structure loan rates of NBFCs, housing finance companies
NEW DELHI: After mandating banks to link their new retail loans to an external benchmark, the Reserve Bank of India (RBI) is now looking at structuring the interest rate regime… Read more »
SBI to move RBI to offer fixed-floating rate home-loans
LEH: The largest lender State Bank of India (SBI) will be seeking clarifications from the Reserve Bank whether it can offer long-term home loans with fixed rates in the beginning… Read more »