MUMBAI, July 2 (Reuters) – India’s federal government did not have any outstanding loans from the central bank in the week ending June 25, the Reserve Bank of India said in its weekly statistical supplement on Friday. More: India govt has no outstanding loans from cbank as on June 25

MUMBAI, June 30 (Reuters) – Indian banks’ loans grew by 220 billion rupees in the fortnight to July 18, while deposits fell 230 billion rupees in the same period, according to data from the central bank’s website on Wednesday. The rest is here: India bank loans up, deposits fall July 18 fortnight-cbank

Harsh Roongta, CEO, Apnapaisa.com, throws light on the frustrations faced by India’s young working population when they try to avail of home loans to buy a house in their city of birth even as they work out of another city. Read more from the original source: Home loans: Problems young Indians face

Clearing the last hurdle to kickstart the base rate system, the Reserve Bank of India has finally clarified that banks can… Continue reading here: Subsidised loans can be below base rate

Country’s largest lender State Bank of India is likely to fix its base rate-the new lending benchmark banks will follow from next month-at around 7.75 per cent after factoring in the clarifications made by Reserve Bank on treatment of concessional loans. Read the rest here: RBI dilutes norms for some loans;SBI base rate likely at 7.75%

Country’s largest lender State Bank of India (SBI) is likely to fix its base rate–the new lending benchmark banks will follow from next month–at around 7.75 per cent after factoring in the clarifications made by Reserve Bank of India (RBI) on treatment of concessional loans. More: RBI dilutes norms for some loans; SBI base rate likely at 7.75%