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RBI's Bps repo rate hike
Banking & Insurance Economic & Finance Laws & Taxes Market Overview Real Estate

RBI’s 35 Bps Rate Hike Won’t Rock Housing Boat

The 35 BPS rate hike by the RBI – the fifth consecutive rate hike this year – comes as no surprise. With repo rates now at 6.25%, there may be some repercussions on housing uptake. This hike will undoubtedly push up home loan interest rates, which had already crept up after four consecutive bps rate […]

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Housing loans market in India
Advisor Network Banking & Insurance Economic & Finance Market Overview Real Estate State & Urban

Housing Loans Market in India – SCBs have a market share of 60%, while that of private banks up to 30%

The housing market is a significant part of the economy in India, especially given its large population. The demand for new housing comes with the increasing demand for affordable loans. Lending institutions like state-owned banks account for over 60% of the credit provided, while privately owned banks have been able to grow their share by […]

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RBI repo rates unchanged at 4%
Banking & Insurance Economic & Finance Market Overview Real Estate State & Urban

RBI plays it cautious, repo rates unchanged

Despite inflation edging higher in the aftermath of the Russia-Ukraine war and surging oil prices, the RBI has again decided to keep the repo rates unchanged at 4% and reverse repo rate at 3.35%. This is the eleventh consecutive time that the RBI maintained status quo amid the current uncertainties and the global economy also […]

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