The real estate sector is one of the most globally recognized sectors of the world. Talking about real estate sector in India, it is expected that it will contribute 13% to the country’s GDP by 2025. It is second largest employer in India after agriculture. Demand for residential properties has surged owing to increased urbanisation […]
With the RBI cutting interest rate by 25 basis point to 6.25 per cent, the banks are likely to pass all the benefit to customers and slash their marginal cost of funds based lending rates. In a major boost to rate sensitive realty and auto sector, the Reserve Bank of India in its bi-monthly monetary […]
Borrowers can now expect more fairplay when it comes to pricing of home loans which will now be decided by markets rather than banks. HIGHLIGHTS RBI said from April 2019, it will be mandatory for banks to link all floating rate loans Besides improved transparency, an external benchmark is expected to result in improved transmission of rates […]