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Share of housing loans in total advances rises to 14.2% in 11 years: RBI report, ET RealEstate

The share of residential housing loans in total loans has increased over the last eleven years to 14.2 per cent in March 2023 from 8.6 per cent in March 2012, the report said. ....

Pradeep Aggarwal , Reserve Bank , Financial Stability Report , Signature Global , Andromeda Salesv Swaminathan , Real Estate Regulation , Development Act , Basic Statistical Return , Scheduled Commercial Banks ,

Share of loans bearing over 9 pc interest rate hits 56.1 pc in March RBI

(This story has not been edited by THE WEEK and is auto-generated from a PTI ....

Reserve Bank , Basic Statistical Return , Scheduled Commercial Banks ,

Share of loans bearing over 9% interest rate hits 56.1% in March, says RBI

A report by the Reserve Bank of India revealed that the share of loans with an interest rate above 9% increased to 56.1% in March 2023, following monetary tightening measures implemented since May 2022. The central bank raised interest rates in response to inflation caused by global supply disruptions resulting from the Russia-Ukraine war. Despite this, the RBI did not raise rates in its last two monetary policy reviews. ....

Reserve Bank , Basic Statistical Return , Scheduled Commercial Banks ,

Share of loans bearing over 9% interest rate hits 56.1% in March: RBI

The share of loans bearing over 9 per cent interest rate rose to 56.1 per cent in March 2023, in tandem with the monetary tightening measures starting May 2022, said a Reserve Bank report on Friday. ....

Reserve Bank , Basic Statistical Return , Scheduled Commercial Banks ,

Green Finance Framework Soon? Banks In Talks With Government, More Green Bonds Likely This Fiscal

Earlier this month, the Reserve Bank of India (RBI) had announced a framework for acceptance of green deposits of regulated entities. In order to foster and developed a green finance ecosystem in the country, the RBI put in place the framework, which will come into effect from 1 June 2023, to foster and develop a green finance ecosystem in the country. aaa ....

New Delhi , Green Finance Framework , Banks In Talks With Government , More Green Bonds Likely This , Green Finance , Reserve Bank , Economic Times , Basic Statistical Return ,