May 13, 2013
Finance Ministry and Reserve Bank of India (RBI) officials will meet in order to consider relaxing norms for raising funds through the External Commercial Borrowing (ECB) window for low-cost housing sector. Read more...
May 09, 2013
A day after advising the markets that space for monetary policy easing in 2013-14 was 'very limited', the Reserve Bank of India (RBI) come out with its much-awaited monetary policy which offered a respite of 25 bps in key rates but spooked investors by underscoring the upside risks to inflation in the near term that left little space for further monetary easing. Read more...
May 09, 2013
Indian infrastructure comp-anies have raised a whooping Rs 24,052 crore through the external commercial borrowings route (ECB) route to fund its new projects during Apr-Mar 2013. Read more...
April 30, 2013
With recent measures by the Cabinet Committee on Infrastructure giving a much needed push to the sector, private players are hoping for substantial liquidity inflow within the market. Since the Reserve Bank of India (RBI). Read more...
April 16, 2013
Bankers urged the Reserve Bank of India (RBI) to reduce the cash reserve ratio (CRR) by 50 basis points in its Annual Policy on May 3. Bankers want the central bank to reduce CRR as such a move would release cash into the system and ease liquidity pressure. Read more...
March 29, 2013
The domestic Infrastructure funding and finance is in a period of flux. On both sides of the equation supply and demand there are positive and negative influences resulting from the economic slowdown as well as credit scarcity. Read more...
March 20, 2013
The rebound in the Index of Industrial Production (IIP) growth, after two straight months of contraction, could be attributed to a pick-up in manufacturing activity and electricity production. Read more...
March 11, 2013
RV Verma, Chairman of National Housing Bank (NHB) informed that the proposed Rs 2,000 crore urban housing fund would improve prospects for affordable housing sector in the country. It may be recalled that the budget 2013-14 announced the setting up of such a fund to refinance banks and housing finance companies for loans given to borrowers in the lower-and middle-income segment.Reports suggest that the proposed fund may start functioning in a month and loans up to Rs 10 lakh are proposed to be r Read more...
February 27, 2013
Credit rating not only meets the regulatory requirement for finance from banks but also helps in enhancing an entity's standing with its existing and prospective customers and suppliers, avers Amod Khanorkar, General Manager and Rating Head, CARE Ratings in an interview with Rahul Kamat. Read more...
February 15, 2013
Infrastructure developers and development finance companies cheered the Reserve Bank of India's (RBI) move to cut policy repo rate in its third quarter review of monetary policy.Infrastructure developers urged banks to pass on the cut in policy rate to borrowers and thereby reduce the cost of funding for infrastructure firms. Read more...