NEWS & ADVICE : HOME LOANS
Bank loan defaulters to have a tough time
By Joseph Samson
Dec 12, 2013
Print    Email    RSS   

The Reserve Bank of India plans to deal with Bank loan defaulters and borrowers who are not cooperative in a more effective manner.

On Wednesday, in the Capital, at the Delhi Economic Conclave, Raghuram Rajan, Governor of RBI stated that for such borrowers it is going to be a very expensive affair for them to borrow from the banking system.

As a major aspect of the steps to address issues of fiscal anxiety, RBI will additionally stipulate autonomous valuation for substantial worth rebuilding. The national bank likewise plans to assemble fitting motivations for banks to "agree collectively" on rebuilding suggestions.

RBI to Focus on inflation

RBI's center will stay on inflation, Rajan said dropping a reasonable clue on the feasible stance at the approaching arrangement survey meet on December 18. On development, Rajan said that monetary development appears to be stabilizing, yet included that it was so early there was no option call a bottom.


(Comments Posted : 0) Post Your Comments
Show All Comments
COMPARE QUICKLY
 Select a product:
 

CALCULATE QUICKLY
 Select a product:
 

EDITORS' PICKS
12 point conduct checklist for bank and...
Mortgage insurance’s relevance in India
Carnival of Indian Personal Finance Blogs#10
The home loans interest rate story: The...
Home Loan or Own Funds: A Classic Dilemma


PINJORE: CaℒL Giℛℒs In PiNjOrE 09915787550...
PINJORE: CaℒL Giℛℒ In PiNjOrE 09915787550...
how to gate my home loan certificate
how can applay for DSA. any age, qalification,...
How to view my home loan account statement

NEWS THIS WEEK
Canara Bank earned a profit of 60%. Feb 6, 2015
New Branch of Laxmi Vilas bank at Vijayawada Jan 30, 2015
Home loan EMIs expected to drop down Jan 21, 2015
Corporation Bank received MSME banking excellence award 2014 Jan 19, 2015
Home loan rates set to fall, after reduction in repo rate Jan 16, 2015
News Archive