RBI News India

RBI Cuts CRR; Making Homes And Auto Loans Cheaper
RBI Cuts CRR; Making Homes And Auto Loans Cheaper
Posted in- 2012-09-18 22:09:32

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...

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RBI permits banks to hawk multiple insurance products 2013-11-30 10:29:35
RBI permits banks to hawk multiple insurance products

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

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ATM counterfeit currency responsibility to be amended 2013-03-16 13:09:12
ATM counterfeit currency responsibility to be amended

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

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FM To Bring Good News For Home Loan Borrowers In This Budget 2013-02-04 17:06:52
FM To Bring Good News For Home Loan Borrowers In This Budget

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

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