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Friday, March 6, 2015

Surprises in quick succession

Reserve Bank of India Governor Dr. Raghuram Rajan has a penchant for surprises. For the second time inside of two months, he chose to cut the key repo rate outside the standard policy cycl... »
More on financial and business service AND: bankingcentral bank
CHENNAI, Thursday, March 5, 2015

Lending norms eased for affordable housing

The Reserve Bank of India (RBI) has eased lending norms for buyers of affordable housing.Banks are now allowed to include stamp duty, registration fee and other documentation charges in the... »
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MUMBAI, Thursday, March 5, 2015

Micro bank macro push

According to govt estimates, only 4% of 5.77% crore small business units have access to intitutional finance, leaving many to rely on informal lenders. »
More on financial and business service AND: banking
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