The Finance Ministry is considering a proposal to relax funding norms for the realty sector so that good housing projects are not starved of funds.

"The Ministry is actively looking at options ... ho

India's biggest lender, State Bank of India, said on Saturday it has cut its benchmark prime lending rate, the interest rate that commercial banks normally charge, by 25 basis points to 14.50 per cent

Bank lending to the priority sector grew by just 5 per cent on an annualised basis in December, 2011, because of lower offtake in the agriculture and MSME segments, besides a decline in micro credit.

Sudhir Kakkar, a business executive in a New Delhi publishing firm, recently needed to borrow money to furnish his house after getting married. Instead of approaching commercial banks for his loan, ho

New Delhi: The Reserve Bank of India (RBI) move to raise interest rates for the sixth time this year will have a negative impact on interest sensitive sectors like consumer durables, auto and housing,

Mumbai, Nov. 2: Stock market benchmark Sensex closed marginally down on Tuesday, after the RBI increased key short-term lending and borrowing rates to rein in high inflation, a step which Dalal Street