diff --git a/rhodecode/controllers/summary.py b/rhodecode/controllers/summary.py
--- a/rhodecode/controllers/summary.py
+++ b/rhodecode/controllers/summary.py
@@ -23,23 +23,27 @@
 # You should have received a copy of the GNU General Public License
 # along with this program.  If not, see <http://www.gnu.org/licenses/>.
 
+import traceback
 import calendar
 import logging
 from time import mktime
-from datetime import datetime, timedelta, date
+from datetime import timedelta, date
+from itertools import product
 
-from vcs.exceptions import ChangesetError
+from vcs.exceptions import ChangesetError, EmptyRepositoryError, \
+    NodeDoesNotExistError
 
 from pylons import tmpl_context as c, request, url
 from pylons.i18n.translation import _
 
-from rhodecode.model.db import Statistics, Repository
-from rhodecode.model.repo import RepoModel
+from beaker.cache import cache_region, region_invalidate
 
+from rhodecode.model.db import Statistics, CacheInvalidation
+from rhodecode.lib import ALL_READMES, ALL_EXTS
 from rhodecode.lib.auth import LoginRequired, HasRepoPermissionAnyDecorator
 from rhodecode.lib.base import BaseRepoController, render
 from rhodecode.lib.utils import EmptyChangeset
-
+from rhodecode.lib.markup_renderer import MarkupRenderer
 from rhodecode.lib.celerylib import run_task
 from rhodecode.lib.celerylib.tasks import get_commits_stats, \
     LANGUAGES_EXTENSIONS_MAP
@@ -48,6 +52,9 @@ from rhodecode.lib.compat import json, O
 
 log = logging.getLogger(__name__)
 
+README_FILES = [''.join([x[0][0], x[1][0]]) for x in
+                    sorted(list(product(ALL_READMES, ALL_EXTS)),
+                           key=lambda y:y[0][1] + y[1][1])]
 
 class SummaryController(BaseRepoController):
 
@@ -161,8 +168,44 @@ class SummaryController(BaseRepoControll
         if c.enable_downloads:
             c.download_options = self._get_download_links(c.rhodecode_repo)
 
+        c.readme_data, c.readme_file = self.__get_readme_data(c.rhodecode_repo)
         return render('summary/summary.html')
 
+    def __get_readme_data(self, repo):
+
+        @cache_region('long_term')
+        def _get_readme_from_cache(key):
+            readme_data = None
+            readme_file = None
+            log.debug('Fetching readme file')
+            try:
+                cs = repo.get_changeset('tip')
+                renderer = MarkupRenderer()
+                for f in README_FILES:
+                    try:
+                        readme = cs.get_node(f)
+                        readme_file = f
+                        readme_data = renderer.render(readme.content, f)
+                        log.debug('Found readme %s' % readme_file)
+                        break
+                    except NodeDoesNotExistError:
+                        continue
+            except ChangesetError:
+                pass
+            except EmptyRepositoryError:
+                pass
+            except Exception:
+                log.error(traceback.format_exc())
+
+            return readme_data, readme_file
+
+        key = repo.name + '_README'
+        inv = CacheInvalidation.invalidate(key)
+        if inv is not None:
+            region_invalidate(_get_readme_from_cache, None, key)
+            CacheInvalidation.set_valid(inv.cache_key)
+        return _get_readme_from_cache(key)
+
     def _get_download_links(self, repo):
 
         download_l = []
@@ -181,3 +224,4 @@ class SummaryController(BaseRepoControll
         download_l.append(tags_group)
 
         return download_l
+