Housing finance companies to be treated as NBFCs: RBI
MUMBAI: The Reserve Bank of India (RBI) on Tuesday said housing finance companies (HFCs) will be treated as one of the categories of NBFCs for regulatory purposes and it will… Read more »
Tag: RBI
Welcome move, immediate action needed: Realtors
NEW DELHI: The fourth repo rate cut this year by the Reserve Bank of India (RBI) and the biggest one for now has sent a signal of hope in the… Read more »
RBI Governor says 35 bps rate cut balanced, based on data
NEW DELHI: Reserve Bank of India (RBI) Governor Shaktikanta Das on Wednesday termed the steeper 0.35 percent repo rate cut as a “balanced” call given the domestic and global developments. He… Read more »
Indiabulls expect RBI nod for merger with Lakshmi Vilas Bank by October
MUMBAI: Exuding confidence of getting the regulatory nod for merger with Lakshmi Vilas Bank in two months and the merged entity to be operational by next March, Indiabulls Housing Finance… Read more »
RBI Monetary Policy: NBFCs can now on-lend to the priority sector through banks
NEW DELHI: “The fourth straight cut in the benchmark repo rate is a welcome step which will make borrowings cheaper and would help boost in demand in several sectors like real… Read more »
RBI cuts key rate by 35 bps to boost economic activity, lowest since April 2010
NEW DELHI: The Reserve Bank of India (RBI) on Wednesday cut key interest rate for the fourth consecutive time, as it reduces repo rate by 35 basis points to 5.40… Read more »
More measures needed to increase liquidity: Niranjan Hiranandani
NEW DELHI: A 25 basis point rate cut by the Reserve Bank of India (RBI) would provide momentum to the market, but more needs to be done to address the… Read more »
RBI cuts interest rates to 9 year low, expects banks to quickly lower home, auto loan EMIs
NEW DELHI: In a move that may lead to lower home, auto and other loan EMIs, the RBI Thursday cut interest rates for the third time this year by 25… Read more »
RBI asks large NBFCs to appoint CROs with fixed tenure
NEW DELHI: The country’s shadow banks with more than Rs 5,000 crore ($714 million) in assets must appoint a chief risk officer (CRO), the central bank said on Thursday, as… Read more »
RBI cuts inflation forecast to 2.9-3 pc for H1 FY20
MUMBAI: The Reserve Bank of India (RBI) on Thursday cut the retail inflation forecast to 2.9-3 per cent for the first half of current fiscal, mainly due to lower food… Read more »