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
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
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
January 5, 2013
Retail, Banking, Infra & Real Estate Attractive bets for 2013: LSI Financial Services
Shantanu Deb Mookerjea, Executive Director at LSI Financial Services has identified retail, real estate, banking and infrastructure as four attractive sectors for investment in 2013. While the rise in consumption makes retail a good sector to bet on, the continuing […]
Blog
December 26, 2012
Real Estate Developers' Earnings to Improve in 2013 – India
Earnings of real estate developers, who have been hit by high costs and interest rates, would improve in 2013. “Sustained growth in demand, expected to improve on interest rate cuts likely next year, will be a key determinant for the […]
Blog
January 24, 2012
Real Estate prices remain firm in the face of falling demand
Regardless of the steep fall in real estate transactions in recent months, prices have remained steady, Reserve Bank of India’s (RBI) macroeconomic and monetary development report said on Monday. RBI said that though interest rates remained high, home loans disbursals […]
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