MUMBAI: Auto and Home loans gradually are becoming cheaper in the next few months as RBI announces a cut in the Cash Reserve Ratio in its meeting on Monday. However, the central bank disappointed by leaving its key policy rates unchanged, mainly...
The Reserve Bank of India (RBI) has issued draft guidelines allowing banks to enter the protection broking business with an in number set of riders, for example required revelation of compensation accepted from back up plans and having devoted staff for the office.``To... Continue Reading
Guwahati: The law is expected to change as Reserve Bank of India wants the holder of fake currency to be responsible for it. the central bank Governor, Duvvuri Subbarao, said they are working in association with the government to make amends with the law such that the fake or counterfeit curren... Continue Reading
New Delhi: Finance Minister, P Chidambaram in the union budget may come up with good news for home loan borrowers in the 2013-14 financial year that will be presented this month.The tax deduction limit from the current Rs.1.5 lakh to over Rs.2 lakh per annum is being considered. The tax dedu... Continue Reading