Did you know that it is the best time to invest in property using the best home loan interest rate? ‘April 5th, 2024’ was when the Reserve Bank of India (RBI) held its Monetary Policy Committee (MPC) meeting. During this, the RBI decided that the repo rate would remain the same at 6.5%. A decision […]
The revenue department of Maharashtra has decided to keep the Ready Reckoner or RR rates unchanged for the new financial year beginning in April. A move that is set to boost the real estate and home-buying market. In the last year, the registration department has achieved the target RR revenue of Rs 50,000 crore by […]
Why has the US Fed decided to keep interest rates unchanged & how has it affected the Indian economy? Why has the US Fed decided to keep interest rates unchanged & how has it affected the Indian economy?In an attempt to deal with ‘Elevated’ inflation in the American economy, the US Federal Reserve has decided […]
Indian Central Bank RBI Decides to Hold Rates in Line with US Federal Bank RBI is supposed to hold loan fees after its financial arrangement panel’s meet finishes up on Feb 8. The global rates moving down faster has eased after the US Fed signalled that rate cuts are unlikely in March and the UK […]
Home Loans show a change in value from affordable to higher value in Mumbai There are indications that the growth in home loans in mumbai is moving from low-cost properties to higher-priced properties. From Rs 20.2 lakh in FY20 to Rs 24.7 lakh in FY23, the average size of home loans has grown by 22%. […]
HDFC Becomes 1st Bank To Hit 2 Crore Credit Cards Achievement HDFC has crossed the magical number of two crore credit cards in force, the company said in a statement. With 9.6 crore cards issued by banks overall, the private lender holds 21% market share, according to RBI data. According to the bank, as of […]
The Federal Reserve recently held its key interest rate consistent for the third consecutive time and prepared the table for different slices to come in 2024 and then some. With the expansion rate facilitating and the economy holding in, policymakers on the Federal Open Market Board of Trustees cast a ballot consistently to keep the […]
Retail Lending Growth Triggered By Small Personal Loans, Notices Early Sign Of Stress Personal Loans under Rs. 50,000 have been the quickest developing section in retail loaning. However, they could likewise end up being a source of torment for loan specialists. Post-COVID pandemic, small ticket loans for purpose of short-term needs like medical, household spend, […]
RBI caution on the retail growth of the banking system, What do you make of that? Quality lending should be clear focus of financial Institutions. Building an Unsecured and Retail loan book is easy, but significant challenges may arise if the book is not built carefully. Numerous new players are entering the market including New-to-Bank […]
Key Highlights Inference For Retail ConsumersWith the onset of festival season, the decision to hold repo rate will certainly have a positive impact on retail sector particularly home sales, automobile sales, white good sales and similar products. Consumers should exercise caution and build some buffer before committing for long term EMI expenses.
