Buying that dream home in an exotic location abroad just got easier as the Reserve Bank of India (RBI) on Tuesday doubled the annual overseas investment ceiling for individuals to $2,50,000 from $1,25,000 as India’s foreign exchange reserves have scaled […]
Blog
May 10, 2014
Real Estate Investment Trusts get Regulatory Push
The Securities and Exchange Board of India (Sebi) is preparing to remove the barriers for launch of trading in Real Estate Investment Trusts (REITs). A REIT is an investment vehicle that puts money into real estate assets to generate […]
Blog
September 6, 2013
RBI Norm to Benefit Home Buyers
The new circular issued by the Reserve Bank of India (RBI) disallowing banks from making upfront payments to builders in 80:20 or 75:25 loan schemes will benefit homebuyers as they will get timely possession of their premises. Since the banks […]
Blog
August 28, 2013
New Hurdles to Foreign Buys
The RBI’s recent moves restrict the expansion plans of Indian multinationals and the M&As of Indian entities abroad. Over the past decade, through overseas acquisitions and investments Indian multinationals have been able to access technology and intellectual property, establish international […]
Blog
August 6, 2013
Why India's Corporate Bigwigs Want to be Bankers
From Tata, Birla and Ambani to ambitious financial services entrepreneurs, everyone sees money in a banking licence. But cut to the core, and what you find is a clear play on the India growth story, and not much else. Everyone, […]
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June 22, 2013
RBI Relaxes Norms for Residential Real Estate
The Reserve Bank of India (RBI) has decided to relax norms for residential housing projects by lowering the standard asset provisioning requirement and risk weight for loans given to those projects. The move is aimed at boosting demand for this […]
Blog
February 15, 2013
Somasroy Chakraborty: India Inc and the Big Bank theories
Global experience in allowing corporate groups to set up banks reveals that stringent regulation is the best defence against malpractice. The Reserve Bank of India (RBI) appeared un-consulted when Pranab Mukherjee, the then finance minister, invited new players to set […]
Blog
September 15, 2012
India Opens Door to Foreign Investment
India ushered in the biggest economic reforms in two decades on Friday, allowing big foreign retailers like Walmart, foreign broadcasters and foreign airlines to invest in the country, among other reforms. The central government, led by the Congress Party, is […]
Blog
August 8, 2012
NRI Real Estate Investment Norms Simplified
The purchase and sale of immovable properties in India by a Non Resident Indian (NRI) or by a Person of Indian Origin (PIO) is really a very simple and easy affair with not much hassles and problems. For a detailed […]
Blog
May 10, 2012
Why your EMI doesn't always drop when rates fall
Once you have availed a home loan, you are at the mercy of your financier till the loan is fully repaid Banks have started cutting base rates and benchmark prime lending rates at the first move by the Reserve Bank […]
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