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RBI expects lending rates to fall further
  The Reserve Bank of India (RBI) expects the banks to slash the lending rates further over a period of time but non-performing loans could rise in a slowing economy. Anand Sinha, an executive di....

Aditya Birla expands into Real Estate
  Aditya Birla Management, the Mumbai based conglomerate best known for its metals and materials businesses, is to set up a real estate and private equity arm for its wealth management units. Acc....

SBI’s interest subvention scheme to trigger sales in the Realty market
  Home loan borrowers in the eastern metropolis may have a reason to smile: the country’s largest lender, the State Bank of India, has introduced an interest subvention scheme that hopes to trigger ....

No Deduction in stamp Duty on Real Estate
  After dithering for over a month, the revenue department, led by senior Congress minister Patangrao Kadam, has dropped the proposal to revise the stamp duty on real estate transactions. “We had re....

FDI rules open all Sectors to Foreign Investment
  With foreign direct investment in the country trickling to $1.36 billion in December, the government has amended rules for foreign direct investment, thereby opening up almost all sectors of the I....

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