Delhi Informer

Mumbai: Even before the demonetisation effect plays out fully, the Reserve Bank of India has cut growth estimates for the economy to 7.1% from 7.6% earlier. It cited a slowdown in the second quarter (July-September) but underplayed the impact of the… The Times of India (New Delhi edition)

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Mumbai: Home loans and other borrowings are set to get cheaper by at least half a percentage point in the coming months following Reserve Bank of India (RBI) governor Raghuram Rajan’s decision to cut rates by 25 basis points to 6.50% — an… The Times of India (New Delhi edition)

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The country witnessed a 19% growth in housing loans till September this year compared to the same period in 2014, seemingly riding on increased demand for new homes in smaller towns and cities, coupled with lower interest rates, reports Sidhartha. The… The Times of India (New Delhi edition)

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Mumbai: Loans, including those for purchase of houses and cars, have become cheaper following a widelyexpected 25 basis point reduction in policy rates by RBI on Tuesday. Though industry welcomed the move, markets were spooked by governor Raghuram… The Times of India (New Delhi edition)

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New Delhi: Banks have identified 74 large projects that have either turned into non-performing assets or where promoters have delayed paying the installments, putting at stake the future of loans worth close to Rs 55,000 crore that have been… The Times of India (New Delhi edition)

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New Delhi: Banks have identified 74 large projects that have either turned into non-performing assets or where promoters have delayed paying the installments, putting at stake the future of loans worth close to Rs 55,000 crore that have been… The Times of India (New Delhi edition)

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New Delhi: Indian banks, led by the public sector, have accumulated sticky loans of over Rs 6.5 lakh crore till the end of 2013, which roughly adds up to what the Centre hopes to collect through income and corporation tax in the current financial… The Times of India (New Delhi edition)

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In its most radical move to deal with defaulters, RBI plans to allow firms specializing in turnarounds to buy troubled firms with the help of bank loans. It will also make borrowing more expensive for promoters of defaulting firms who do not cooperate… The Times of India (New Delhi edition)

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