Reserve Bank of India has expressed concern over high exposure of banks to infrastructure and real estate sectors. RBI Deputy Governor R Gandhi cautioned lenders saying they “cannot put all eggs into one basket”. As an alternative, the deputy governor suggested looking at corporate bonds market, which is being encouraged by both the central bank […]
Reserve Bank of India Archive
August 7, 2014 3:20 am
RBI keeps interest rates unchanged…
Reserve Bank of India (RBI) left key interest rates intact as previous in its 3rd bi-monthly monetary policy review, so the EMIs (equated monthly installments) for automobile, home and other loans would remain unchanged. Several sectors such as; real estate, automobiles and other have been struggling to keep up sales or profit due to high […]
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