Loans are the institutionalized means of borrowings, binding both the lender and the borrower in a legal contract regarding the rates of interest, term and other conditions. In India the loan scene is in a flux, so it would be befitting to have a brief over-view of the latest news in the field. The RBI has increased the CRR to 8.25% in order to offset the the effects of increasing inflation rate driven by the rising oil prices. During the yearly credit policy meet the RBI took up the CRR by 25 basis points. Further the RBI has brought down the 'risk weight' on housing loans up to 30 lacs. The measure has been taken in the expectation of the banks reciprocating by bringing down the housing funds rates. During the period of April, 2007 to February 2008 the continuous upsurge in the home loan rates brought down the growth in housing borrowings. To enlarge the financing options available with the clients, the Reliance Retail and Citibank have formed an alliance with each other to create newer opportunities in the field of consumer finance. This upcoming alliance will delve in credit cards and loans to cater to the needs of the emerging retail chain in India. Consumer finance—loans plus credit cards—is very quickly emerging segment of the financial services. Bank of India has increased the rates of deposit on 'select tenures' by '75 basis points'. The deposit rates are like this: 1. For sums lesser than 10 crore, 9.15% for 1 to 2 years 2. 9.25% for 2 to 3 years 3. 9.5% for 3 to 5 years On the car loan front, Ducati Motor Holding, the European bike manufacturer is eying the Indian market. But since the vehicles are highly priced in the range of 15 to 50 lacs, they will have to ensure that the clients get enough financing facilities. It is because most of the consumer section in India has to depend on loans to fulfill their dreams of a vehicle. Also in an effort to boost the chances of students availing loans to complete their education, the Government of India is proposing a subsidy on educational borrowings. On the priority list are the technical and professional courses.