Latest Expert Exchange Queries

GST Demo Service software link: https://ims.go2customer.com
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft info@binarysoft.com
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
 
 
 
 
Popular Search: empanelment :: due date for vat payment :: TAX RATES - GOODS TAXABLE @ 4% :: ARTICLES ON INPUT TAX CREDIT IN VAT :: ACCOUNTING STANDARDS :: VAT Audit :: form 3cd :: VAT RATES :: list of goods taxed at 4% :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: articles on VAT and GST in India :: cpt :: Central Excise rule to resale the machines to a new company :: TDS :: ACCOUNTING STANDARD
 
 
Latest Circulars »
 RBI-Auction of Government of India Dated Securities January 15, 2018
 Understanding and Managing Interest Rate Risk at Banks (Viral V Acharya, Deputy Governor – January 15, 2018 – at the FIMMDA Annual Dinner, 2018
 Auction of State Government Securities
 RBI releases draft directions on hedging of commodity price risk and freight risk in overseas markets
 Directions under Section 35A of the Banking Regulation Act, 1949 (AACS) – Gomati Nagariya Sahakari Bank Ltd., Jaunpur (Uttar Pradesh)
 RBI-Monthly Bulletin for January 2018
 RBI to conduct 7-day Variable Rate Reverse Repo auction under LAF on January 10, 2018
 Auction for Sale (Re-issue) of Government Stock (GS) January 08, 2018
 Auction of Government of India Dated Securities January 8, 2018
  Non-Banking Financial Company – Peer to Peer Lending Platform
 RBI issues Master Direction on Foreign investment in India
 Master Direction – Foreign Investment in India
 RBI-Refinancing of External Commercial Borrowings
 Auction for Sale (Issue/Re-issue) of Government Stock (GS)
 Non-Banking Financial Company – Peer to Peer Lending Platform

RBI-Monthly Bulletin for January 2018
January, 11th 2018

The Reserve Bank of India today released the January 2018 issue of its monthly Bulletin. It includes two Speeches by the Top Management, one Article and Current Statistics. The Report on Trend and Progress of Banking in India 2016-17 and Financial Stability Report – December 2017 are being issued with the Bulletin as Supplements. The articles is on ‘Affordable Housing in India’.

I. Affordable Housing in India

Recognising the growing role of affordable housing in promoting sustainable and inclusive economic development, this article provides a snapshot of the various aspects of affordable housing in India and also makes an assessment of the impact of Credit Linked Subsidy Scheme (CLSS) on housing affordability.

Major highlights of the article are as follows:

  • Rapid urbanisation and migration to cities have caused severe urban housing shortages in India, particularly for the economically weaker sections.

  • The Government and the Reserve Bank of India have undertaken a number of initiatives to boost affordable housing.

  • Responding to policy efforts, affordable housing is currently driving home loan growth in India. While the total disbursement of housing loans by public sector banks as well as the housing finance companies witnessed a deceleration in 2016-17, there was a significant growth in disbursements for the lower slabs.

  • The number of beneficiaries under small value loans up to 10 lakhs increased sharply in 2016-17.

  • There was, however, an increase in nonperforming assets under housing loans, particularly for the lower slabs of home loans.

  • The credit linked subsidy scheme was found to be effective in improving the housing affordability of the economically weaker sections.

  • Unlocking of land in the urban areas poses a major challenge for further development of the sector.

Jose J. Kattoor
Chief General Manager

Press Release: 2017-2018/1901

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Software Development Software Programming Software Engineering Custom Software Development Requirement Based Software Development Software Solutions Software Serv

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions