29-09-2015

Realty cos hope RBI rate cut will revive sales

Just ahead of the festival season, real estate developers hope that 0.50 per cent rate cut by Reserve Bank of India will translate into sales and thereby cut down on piled up real estate stock. Navin Raheja, Chairman, Naredco, said: “The overall economic situation and challenges being faced by the industry, we welcome the reduction in repo rates, which will ease the burden on the buyers and developers. We are hopeful that ..read more..

29-09-2015

RBI's Repo Rate Cut: Will It Boost Home Loan Market?

The ball is in the bank's court now to reduce base rate and pass on the benefit to borrowers. Rejig, however, is required for bank fixed deposit investors, writes Sunil Dhawan Markets always look for triggers. For months, it kept waiting for the big rate cut to happen. It came albeit at a time when the global markets were at a turmoil. On 29th when Reserve Bank of India (RBI) was announcing its..read more..

21-09-2015

Golden rules of borrowing

In an ideal world, everybody would have enough money for all his needs. In reality, many of us have little option but to borrow to meet our goals, both real and imagined.For banks and NBFCs, the yawning gap between reality and aspirations is a tremendous opportunity . They are carpet bombing potential customers with loan offers through emails, SMSs and phone calls. ..read more..