What is risk weightage for home loans?

From the beginning of 2017 itself, banks and financial institutions have been steadily lowering interest rates for home loans. The biggest reduction has come in the housing loan segment under Rs. 30 lakh after the Government’s emphasis on the affordable housing category. The fall in interest rates is steadily being observed in case of higher […]

Read More

Restrictions placed on Central Bank of India by RBI

The Reserve Bank of India (RBI) has placed restrictions on the Central Bank of India through a swift corrective measure, which limits banking activities including hiring, lending and branch expansion. The PCA (prompt corrective action), according to the Reserve Bank of India, has been reportedly spurred through the negative returns on assets and the high […]

Read More