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Governor Sanjay Malhotra said while announcing the MPC’s policy decision. According to industry executives, there are no specific guidelines on the gold loan business of NBFCs but banks follow a ...
The pace of loan growth among public sector banks (PSBs ... according to the Reserve Bank of India’s (RBI’s) Monetary Policy Report (April 2025). In contrast, the share of private lenders declined to ...
Specifically, it is expected to make home loans more affordable and spur growth in the mid-range and affordable housing markets. The RBI's continued policy support underscores its commitment to ...
On Wednesday, the monetary policy committee of RBI cut its main policy rate and shifted to a dovish stance. Given high levels of economic uncertainty, this isn’t the end of the story.
The Tribune, now published from Chandigarh, started publication on February 2, 1881, in Lahore (now in Pakistan). It was started by Sardar Dyal Singh Majithia, a public-spirited philanthropist ...
"I never said that the gold loan norms will be tightened," the Governor said during the post-policy presser. "In our mind, there is no tightening but rationalisation of rules,". The central bank chief ...
Home loan borrowers have a reason to cheer again. In a move aimed at supporting growth, the Reserve Bank of India (RBI) has cut the repo rate by another 25 basis points, bringing it down to 6%, at the ...
The RBI Governor mentioned that loans secured by gold jewelry and ornaments, often referred to as gold loans, are provided by regulated entities for both consumption and income-generating uses.
RBI Governor Sanjay Malhotra announces the first bi-monthly monetary policy in Mumbai on April 9 ... the backdrop of moderating inflation. Home loan borrowers may not see much meaningful or ...
The announcements were made by RBI Governor Sanjay Malhotra after the conclusion of the Monetary Policy Committee’s three-day meeting ... this to cover all regulated entities (REs) and all loan ...
Reserve Bank of India (RBI) Governor Sanjay Malhotra on Wednesday said that the Monetary Policy Committee (MPC) has unanimously decided to reduce the policy rate by 25 basis points (bps), from 6. ...