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Interest on home, auto loans to be linked to new benchmarks from April 1

The final guidelines to link the interest rate to external benchmarks will be issued by the end of this month Illustration: Uttam Ghosh/Rediff.com In a bid to ensure greater transparency, the RBI......

Floating rate borrowers need easy portability

Most borrowers may not be aware, but quite a few banks already offer external benchmark linked home loans to favoured borrowers, says Harsh Roongta. Photograph: Kind courtesy nikcname/Creative......

Sensex tumbles 724 points; bank stocks drag

Benchmark stock indices Sensex and Nifty tanked around 1 per cent on Thursday dragged by selling in banking and auto shares due to increased uncertainty about the timing of interest rate cuts after......

Sebi mulls new norms for changes in Sensex, Nifty

Regulator Sebi will soon put in place new norms for changes in constituents of the key stock market indices, including Sensex and Nifty, as it frames a separate mechanism for regulating the index......

Fitch Ratings raises Reliance's outlook to positive

The rating affirmation reflected RIL's strong business profile - a large-scale refinery with a capacity of around 1.2 million barrels a day and dominant market position in petrochemicals. Fitch......

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Financial Benchmark India Pvt Ltd

News for Financial Benchmark India Pvt Ltd

Interest on home, auto loans to be linked to new benchmarks from April 1

Floating rate borrowers need easy portability

Sensex tumbles 724 points; bank stocks drag

Sebi mulls new norms for changes in Sensex, Nifty

Fitch Ratings raises Reliance's outlook to positive

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