AFFORDABLE HOUSING

Role of Housing: As per a Central Statistical Organisation (CSO) estimate, the Housing Sector contributed 4.5% to India’s Gross Domestic Product (GDP) in 2003-04 at current prices. The contribution of housing in urban areas to the GDP in 2003-04 was .....

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Features of new Rs.50 denomination bank note

The Reserve Bank of India came out with Rs.50 denomination banknotes in the Mahatma Gandhi (New) Series, bearing signature of Dr. Urjit R. Patel, Governor, Reserve Bank of India. The new denomination has motif of Hampi with Chariot on the reverse, de.....

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Old School Learning for the Smart Generation : The Ideal Mix

Our heritage of Learning came from the ‘Gurukuls ’ : The finishing schools which transformed Aspirants to Leaders , developing the right mindsets ,skills and principles. We learned this way ; what I call Old School .Just the other day , I took some 9.....

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Features of newly introduced Rs.200 denomination Bank note

The Reserve Bank of India issued onAugust 25, 2017 Rs 200 denomination banknotes in the Mahatma Gandhi (New) Series, bearing signature of Dr. Urjit R. Patel, Governor, Reserve Bank of India from select RBI offices, and some banks. The new denominatio.....

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MARGINAL COST TO LENDING RATE (MCLR)

MARGINAL COST TO LENDING RATE (MCLR)By Mr. Raghunathan R, visiting Faculty, NIBFThe marginal cost of funds based lending rate (MCLR) refers to the minimum interest rate of interest of a bank below which it cannot lend. It varies from bank to bank jus.....

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