Page 3273 - Finance News
Inflation may stay around 7% in FY13
But risk of spike in short term, for diverse reasons RBI underlines need to deregulate fuel prices for long-term coping
Euro area seeks bigger IMF war chest on Spanish concerns
Concerns about Spain?s position have increased the nation?s borrowing costs
Banks' balance sheets in poor health
Risk aversion leading to ?lazy banking? lenders prefer govt securities
Market sees glimmer of hope on rate cut today
RBI says need to shift towards arresting growth deceleration even as inflation expectations stay high
'Monetary policy can't address all external risks'
RBI favours petroleum price hike curbs on gold & silver imports
RBI cuts repo rate by 50 bps to 8%
Impetus to boost flagging economy, warns of limited scope for further rate cuts
Lending rates set to come down
RBI surprises with 50 bps repo rate cut, short terms rates start easing
RBI rate cut will boost investments: India Inc
A stage for cheaper lending has been set with the RBI cutting short-term lending rate
Another 25-50 bps cut likely through the year: ING Vysya
Upasna Bhardwaj, Economist, ING Vysya Bank, tells Jinsy Mathew that RBI continues to be straddled by slowing growth and high inflation
RBI tightens norms for bank lending to gold finance firms
NBFCsdirected not to sanction loan beyond 60% of the value of gold jewellery
Don't levy pre-payment charges on home loans: RBI to banks
Removal of foreclosure charges likely to reduce discrimination between existing & new borrowers, encourage finer pricing
Final norms on implementation of Basel III by April-end: RBI
Last year, RBI issued draft guidelines on implementation of Basel III capital regulations
Move aimed at prodding banks to cut lending rates: Subbarao
The sharper cut, which was aided by a fall in headline inflation, was also aimed at boosting growth
Punjab & Sind Bank cuts home, auto loan rates by up to 0.75%
In home loan, interest rates have been reduced between 0.25-0.50% while for auto loan it varies between 0.25-0.75%