Tag: #RBI

Knight Frank

With 8.8% cap rate for commercial assets, India remains favourable market investment destination: Knight Frank Report

August 10, 2019

Mumbai, 26th July 2019 –Knight Frank, the independent global property consultancy, has come up with commercial research on Asia Pacific Capital Markets. With ongoing trade tensions and heightened economic uncertainties, many Asia-Pacific central banks have opted for a more dovish stance on their monetary policies. In the past six months alone, five Asia-Pacific central banks […]

With 8.8% cap rate for commercial assets, India remains favourable market investment destination: Knight Frank Reportmore
merger

Indiabulls to become SME-focused bank after successfully getting merged with Lakshmi Vilas Bank.

August 8, 2019

By Abhay Shah, Realty Quarter Emitting for the assurance of having the regulatory approval for merger with Lakshmi Vilas Bank in two months and the combined company to be functional by next March, Indiabulls Housing Finance on Tuesday said it would become an SME-focused bank if the merger passed. Also, promoters leaving the real estate […]

Indiabulls to become SME-focused bank after successfully getting merged with Lakshmi Vilas Bank.more
RBI

The RBI decreases its repo rate by 35 basis points, fourth consecutive time in 2019.

August 7, 2019

By Abhay Shah, Realty Quarter On Wednesday, the Reserve Bank of India (RBI) reduced the repo rate by 35 basis points from its present 5.75% to 5.40%. The reverse repo rate is also cut to 5.15%. Repo rate is the price at which commercial banks are provided with money from the RBI. A repo rate reduction enables banks […]

The RBI decreases its repo rate by 35 basis points, fourth consecutive time in 2019.more
Repo rate

The effects of the new RBI repo rate on Banks and NBFCs.

July 9, 2019

By Abhay Shah, Realty Quarter   In June 2019, the RBI lowered its main policy rate, and in the calendar year 2019, it did it for the third time in a row. The repo rate was reduced by approximately 0.75% by 30 June 2019. While the repo rate by the RBI has declined by 0.75% […]

The effects of the new RBI repo rate on Banks and NBFCs.more
RBI

Change in RBI’s stance suggests further price reductions: Nomura.

June 25, 2019

By Abhay Shah, Realty Quarter The minutes of the Monetary Policy Committee show that the shift in policy position of RBI will result in price reductions in the future, said a report on Friday. Governor Shaktikanta Das had confined himself to say that, in the future, there will be no price increases following the June 6 […]

Change in RBI’s stance suggests further price reductions: Nomura.more
FEMA

Rules by FEMA to purchase a property abroad.

June 17, 2019

By Abhay Harish Shah, Realty Quarter The Foreign Exchange Management Act (FEMA) governs the provision for ownership of property outside India by a resident Indian. An Indian citizen may have a real estate overseas, subject to certain terms set out in the Foreign Exchange Management Act (FEMA).   Owning a Property in abroad country: Without a particular […]

Rules by FEMA to purchase a property abroad.more
Loan

Should you apply for a loan from an HFC or a bank? – Explained.

June 8, 2019

By Abhay Harish Shah, Realty Quarter Housing Finance companies (HFCs) are companies which are licensed to provide house loans under the NHB’s rules by the National Housing Board (NHB). On the other side, The Reserve Bank of India (RBI) regulates banks. New house buyers are often in a difficult situation to decide whether to apply for […]

Should you apply for a loan from an HFC or a bank? – Explained.more
RBI

The RBI rate reduction will enhance the affordability of home purchasers – Latest Update

June 7, 2019

By Abhay Harish Shah, Realty Quarter For the third time this year, the real estate sector has welcomed RBI’s decision to lower interest rates by 25 basis points. It is expected to lead to a decrease in home loan EMIs and increase affordability for homebuyers. The main challenge, however, is for RBI to ensure that the […]

The RBI rate reduction will enhance the affordability of home purchasers – Latest Updatemore
RBI

RBI will establish a specialized framework for bank and NBFC regulation.

May 22, 2019

By Abhay Harish Shah, Realty Quarter In a statement on 21st May 2019, the Reserve Bank of India (RBI) board decided to set up a specialist overseeing and regulatory framework for the RBI with the aim of strengthening the supervision and regulation of commercial banks, urban cooperative banks and non-banking financial companies, the central bank […]

RBI will establish a specialized framework for bank and NBFC regulation.more

Syndicate Bank hikes lending rate by 0.1 %

July 11, 2018

By Realty Quarter Bureau State-run Syndicate Bank increased its marginal cost of funds based lending rate (MCLR) by 0.1 per cent for various tenors of loans. The bank has revised MCLR and the new rates would be effective July 10, Syndicate Bank said in a filing to stock exchanges. Interest rates for loan tenors of overnight, […]

Syndicate Bank hikes lending rate by 0.1 %more