Reserve Bank of India announces steps to boost credit flow to real estate sector

Reserve Bank of India announces steps to boost credit flow to real estate sector

MUMBAI: In a bid to increase flow of credit to the real estate sector, the Reserve Bank on Friday rationalised the risk weightage to LTV (loan to value) ratio for all new housing loans sanctioned up to March 31, 2022. As per a notification issued by the RBI, new housing loans will attract a risk … Read more

Do not change asset allocation on the basis of market movements: Axis MF

Do not change asset allocation on the basis of market movements: Axis MF

There is a lot of value in the longer end of the curve as these situations normalise, says R Sivakumar, Head Fixed Income. Bond yields have corrected below that 6% level post RBI’s Operation Twist and the HTM limit relaxation as well. What is it that your outlook is on some of these measures and … Read more

Shift to market economy from nationalised system causing RBI-govt tensions: Viral Acharya

Shift to market economy from nationalised system causing RBI-govt tensions: Viral Acharya

A shift to being a market-based economy from a nationalised system has led to simmering tensions between the Reserve Bank and the government and questions over the central bank’s independence, former RBI deputy governor Viral Acharya has said. The economist, who went back to teaching in the US after his surprise resignation from the RBI … Read more