The RBI has allowed banks to extend loans up to Rs 10 lakh to individuals against long-term infrastructure bonds issued by them, thus easing loan norms for low-cost housing.
Tag: CRR
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Injecting Hope
A slew of measures to infuse the much-needed cash-flow into the infrastructure sector have been introduced to push growth. And Rs 8 lakh crore of equity is likely to find its way soon in the sector enriching the fund pool. However, missing links like deepening the bond market in the country
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¨Bond market will see a face-lift in the near term¨
In an exclusive interview, Rajiv Lall, Chairman, IDFC says that the infrastructure sector is a complex industry and infra funding is an even more complex activity. I agree that that these alternate modes of finance are needed to see some momentum but modes such as infrastructure
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¨Raising large-scale infra funds is a difficult task¨
While the government and the RBI have eased norms and pushed for financing opportunities, actual benefits will take time to trickle down, says Vishwas Udgirkar, Senior Director, Deloitte India.
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We want to be part of Indias industrial growth
In an exclusive interview, Luis-Miguel GutiTrrez, Office Director, KfW IPEX-Bank GmbH shares details on the bank´s growing interests in funding Indian infrastructure. Recently, Germany has shown interest in investing in the $90 billion Delhi-Mumbai Industrial Corridor (DMIC).
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RBI maintains status quo on repo rate and cash reserve ratio
On April 1, 2014 Reserve Bank of India Governor Dr. Raghuram G. Rajan in his First Bi-monthly Monetary Policy Statement for 2014-15 has announced the monetary and liquidity measures based on an assessment of the current and evolving macroeconomic situation. RBI has decided to keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 8.0 per cent; keep the cash reserve ratio (CRR) of scheduled banks unchanged at 4.0 per cent of net demand and time liability (NDTL)
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RBI expects fall in corporate investment
Corporate investments, which stood at Rs 263,400 crore in 2012-13, may fall in the current financial year, Reserve Bank of India (RBI) said in its monthly bulletin for September. The capital expenditure intentions of the companies in private and joint business sectors were captured in the repo
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Indian economy may grow around 5%: RBI chief
India's economy may grow at 5 to 5.5 percent rate in 2013-14, Reserve Bank of India Governor Raghuram Rajan said. In an article written on Project Syndicate, the governor said this rate of growth is "not great, but certainly not bad for what is likely to be a low point in econ
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RBI wams about inflationary pressures from food, fuel articles
In its Annual Report 2012-13, Reserve Bank of India (RBI) raised concern about rising food and fuel prices, which may put upward pressure on Wholesale Price Index (WPI) and Consumer Price Index (CPI). Owing to the rise in food and fuel inflation, WPI rose to 5.8 percent in July 2013
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RBI suggests structural reforms to boost economic growth
Economic growth may recover in 2013-14 if the government unleashes reforms to remove supply bottlenecks and maintain stability, Reserve Bank of India (RBI) said in its annual report. Economic growth may get a boost from institutional reforms like better regulation of natural resources, improved harnessing of water resources, investing more in skill form