Community & General News
Revision in Limits of Housing Loans and Repayment Period
31 October 2011 at 17:02RBI/2011-12/238 UBD.BPD.(PCB). Cir.No.7/09.22.010/2011-12 October 31, 2011 The Chief Executive Officer, All Primary (Urban) Co-operative Banks. Dear Sir / Madam, Revision in Limits of Housing Loans and Repayment Period - Second Quarter Review
India for IMF role in solving Europe's debt issues
31 October 2011 at 14:06India says the International Monetary Fund should play a bigger role in tackling the eurozone's escalating debt troubles. India's Planning Commission deputy chairman Montek Singh Ahluwalia says India has received no specific requests to
Government Facilitate Paperless Transaction and Reduce Overall Transaction Cost
28 October 2011 at 17:51The Controller General of Accounts (CGA), Department of Expenditure, Ministry of Finance has developed a fully secured Government e-payment system for direct credit of dues from the Government of India into the account of beneficiaries using digital
RBI to pause if inflation slows
27 October 2011 at 12:45The Reserve Bank of India (RBI) raised its key policy rates by 25 basis points (bps) on Tuesday, pressing ahead with its battle against inflation while signalling it will hold from further increases amid concerns about decelerating economic growth
D Subbarao | We will not cut rates even if inflation drops to 7%
27 October 2011 at 12:45Mumbai: Reserve Bank of India (RBI) governor D. Subbarao on Tuesday ruled out a reversal in the Indian central bank’s monetary policy even if inflation drops to 7% by March 2012 and remains at that level for months. After presenting the quar
Govt clears manufacturing policy, industry cheers
27 October 2011 at 12:45The Union Cabinet on Tuesday approved a much-awaited National Manufacturing Policy that sets the ground for India to compete with China on a number of counts by creating its own matching versions of mega industrial cities that would aim to spin 10
RBI's Today Monetary Policy Announcement would help in getting us back to a more Comfortable Inflation Situation soon: FM
25 October 2011 at 16:43The Union Finance Minister Shri Pranab Mukherjee has said that the todays monetary policy announcement by Reserve Bank of India (RBI) would help in getting us back to a more comfortable inflation situation soon while leaving scope for growth
One per cent Interest Subvention on Housing Loans upto Rs.15 lakh with cost of the house not exceeding Rs.25 lakhs
25 October 2011 at 16:43The Union Cabinet today approved the proposal under 1% interest subvention on housing loan scheme liberalising the limit of housing loan upto Rs.15 lakh where cost of the house does not exceeding Rs.25 lakh from the present limit of Rs.10 lakh and R
RBI to hike key rates again; auto, home loans to cost more
25 October 2011 at 12:44The Reserve Bank of India (RBI) is widely expected to again hike key policy rates on Tuesday to curb stubbornly high inflation. The 13th hike since March 2010 will make home and auto loans costlier and put further pressure on economic growth. Wit
Business confidence on the decline: CII
24 October 2011 at 10:29Uncertainty surrounding the global economy, rising cost of inputs and high interest rates have led to a decline in business confidence during the current quarter, especially among smaller firms, according to a survey by the Confederation of Indian
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