The decision of the Reserve Bank of India (RBI) to keep has disappointed the real estate fraternity that has already been reeling under a slowdown. RBI Governor Raghuram Rajan has key policy rates on hold in his second bi-monthly monetary policy review, the first under the Modi regime. According to Shrikant Paranjape, Chairman, Paranjape Developers, […]
RBI Archive
August 20, 2014 12:13 am
RBI decision to keep interest rates unchanged disappoints the real estate fraternity
August 8, 2014 7:27 am
Public sector banks allowed to monetize their real estate
In a major development, the finance ministry has allowed the public sector banks to use their real estate to raise money from the market through Special Vehicle Purpose (SPV). Most of the properties which would give handsome gains to banks are situated in metropolitan areas such as Mumbai, Chennai and Delhi. G S Sandhu, the […]
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