A lower risk weight will mean that lenders need to set aside less funds as a safety net for consumer loans, implying an ...
Home loan rates, previously around 8.30-8.50 per cent, are expected to drop post the RBI cut. Borrowers with stable incomes and credit scores of 750+ are likely to secure the lowest rates.
The Reserve Bank of India has updated and modified its rules and guidelines for urban cooperative banks (UCBs) from time to ...
RBI's approach may aim to minimize the impact on rupee liquidity while keeping currency volatility in check. At the same time, rupee's REER has fallen, meaning its overvaluation is lower now.