Tag: #RBI

Home Loan

RBI raises the housing loan limit for low cost homes segments

June 21, 2018

By Realty Quarter Bureau Housing loans of up to Rs 35 lakhs, for dwellings costing less than Rs 45 lakhs, will be treated as priority sector lending (PSL), to give a fillip to the low-cost segment, the Reserve Bank said, on June 19, 2018. PSL loans are relatively cheaper than market interest rates. “With a […]

RBI raises the housing loan limit for low cost homes segmentsmore
RBI

RBI hikes interest rate by 25 basis points

June 7, 2018

By Realty Quarter Bureau In the second bi-monthly monetary policy for the current fiscal, the central bank revised upwards the retail inflation range to 4.8-4.9 % in the first half of 2018-19, and 4.7 % in the second half The Reserve Bank for the first time in four-and-half-years raised key interest rate today by 25 basis […]

RBI hikes interest rate by 25 basis pointsmore