India's macroeconomic impending is staggering. By some estimates India's growth domestic product stood at $1.25 trillion (at the official exchange rate) in 2008. The CIA ranked the country's purchasing power-parity GDP as fifth-largest in the world...

India's economic growths slow to 6.7 percent in the year through March after three years of growth at 9 percent or more. Government officials estimate the economy to grow at about 6.5 percent this fiscal year.While inflation remains benevolent, it is...

Mr Rahul Mallick, Managing Director & CEO, ICICI Home Finance Company Ltd. says “ICICI is seeing a positive development around the corner” in the residential segment, which is expected to grow, and the bank will participate in it, He struck an...

Knowledge from the mistake committed by bank on the other side of the globe, Indian banks is building the process of housing loan approval more rigorous and tough. So be prepared to wait for more days to get your loan approved and you might end up not...

A panel from Reserve Bank of India has projected a crystal clear pricing structure for floating rate loans. As per the proposal the standard rates would get automatically revised with the diminution in cost of funds. The panel has suggested the...