The emerging business segment consists of small business loans up to £ 20 lakh and affordable home financing of up to £ 40 lakh. Sundaram Home Finance has made a trip to Karnataka in the emerging business segment and focuses on payments of £ 60 crore in the first year of his state activities. The […]
In a rare fit of generosity, the Monetary Policy Committee (MPC) decided in its June meeting to lower the Repo rate with 50 basic points and to beat the Cash Reserve Ratio (CRR) for banks with 100 basic points. The CRR section will be phased out from September to November over four tranches. Both REPO […]