December 3, 2008 – 1:48 am
The government is working on a fresh package of measures to stimulate various sectors of the economy which are facing a slowdown in the wake of the deepening global financial crisis.
The stimulus package is to be announced by the end of this week which is being prepared on the directions of Prime Minister Manmohan Singh.
Apart [...]
By rajani
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Posted in Property News
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Also tagged Apex Group, Bank Of India, Economic Sectors, Economic Slowdown, Finance Ministry, Fiscal Incentives, Global Financial Crisis, Home Minister, Intensive Industries, Manmohan Singh, Montek Singh Ahluwalia, Prime Minister Manmohan Singh, Reserve Bank Of India
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November 4, 2008 – 11:52 pm
The Reserve Bank of India (RBI) is likely to relax the provisioning norms against loans given to real estate and other sectors. In a meeting with FM P Chidambaram on Tuesday, PSU banks have asked for relaxation of the provisioning norms, without compromising on the quality of credit to utilize their capital more aggressively.
For example, [...]
By rajani
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Posted in Property News
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Also tagged Bank Of India, Banking Sector, Corporates, Credit Flow, Gdp, Home Loans, Norms, Profitability, Psu Banks, Public Sector Bank, Real Estate Sector, Relaxation, Reserve Bank Of India
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Union Finance Minister P Chidambaram has said the double digit inflation will continue for some more weeks.
The Central Government as well as the Reserve Bank of India is not going to hesitate in taking more steps to control towering prices, if the need arises with the markets also reacting adversely to the two major concerns [...]
By admin
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Posted in Property News
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Also tagged Bank Of India, Cb Richard Ellis, Central Government, Dhaka, Home Loans, Mortgage Rates, Mumbai, Oil Price Hike, Parsvnath Developers, Property Developers, Repo Rates, Reserve Bank Of India, Residential Property, Union Finance Minister
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