SBI Home Loans introduced a new concept in residential real estate lending by offering refund of principal amount to home buyers in case a developer doesn't complete the project.

Indian markets closed the week strong on back of positive global cues.

Ujjivan Small Finance Bank is coming up with initial public offer and market analysts are positive about the listing of this private sector bank.

RBI has not changed repo-rate in its bi-monthly policy review. Markets were expecting 25 basis points rate cut but now the expectations have been delayed by two months.

RBI has maintained the same repo-rate in its latest policy meeting. The street was expecting 25 - 50 basis points cut in repo-rate.

RBI has left the rates unchanged while the market was expecting at least 25 basis points cut.