Tax Guru3h
RBI Draft Circular on Foreclosure Charges and Pre-payment Penalties
In terms of the extant instructions, certain categories of Regulated Entities (REs) are not permitted to levy foreclosure charges/ pre-payment penalties on the floating rate term loans sanctioned, for ...
RBI $10 bn buy-sell swap: how it could boost liquidity, curb volatility, beef up dollar reserves
The central bank's initiative is designed to provide a durable solution to the system's liquidity requirements, while also ...
‘You’re not overpaying’: Do what it takes to get a foot in market
After 18 months, more than 20 unsuccessful offers, and three loan pre-approvals, Brett and Dana Moodley just want a place to call home.
Apt time to cut rate as inflation aligns with target: MPC Minutes
Reserve Bank Governor Sanjay Malhotra on Friday said given the macroeconomic outlook when inflation is expected to align with ...
RBI to conduct USD-INR swap auction of $10 bn for 3 years’ tenor to inject liquidity
RBI to inject $10 billion through USD-INR Buy/Sell swap auction for three years, aiming to stabilize currency and boost ...
Why millions of mortgage borrowers could soon be thousands of dollars better off
The RBA can't say so but it is entirely possible many mortgage borrowers won't have to hand over hundreds of dollars to their ...
Reserve Bank offers coalition a lifeline, but National’s funny calculations show economy isn’t as good as it thinks – Thomas Coughlan
Thomas Coughlan, Deputy Political Editor at the Herald, loves applying a political lens to people's stories and explaining the way things like transport and finance to ...
RBI imposes penalty on Citibank for violation of norms
The Reserve Bank on Friday said it has imposed a penalty of Rs 39 lakh on Citibank N.A. For non-compliance with directions ...