Tag: Crr

Home Loans To Become Cheaper As RBI Cuts Rates Finally

Reserve Bank of India finally cut its main interest rate. This rate-cut by RBI will push other banks to offer home loans at lower interest rates. However the rate-cut is believed to benefit only the new applicants for home loans. Finally the home buyers can submit their application for home loans. According to the new […]

Indian Real Estate Sector may gain due to Gudi Padwa.

The festival is widely celebrated in the state of Maharashtra  and as for common people in India, a home is a priced possession and they do not sell and buy residential properties often. They wait for an auspicious date to such transactions.Gudi Padwa, a festival which earmarks new beginnings and new hopes to everybody’s life. Hence […]

RBI works to boost up market

Unveiling the package moments after the Reserve Bank of India slashed its key policy rates, the government said it was preparing to recapitalise state-run banks to the tune of twenty thousand crore rupees over the next couple of year to ensure the banking system does not suffer from capital adequacy constraints. Speaking on the actions, […]