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Strike in Delhi to continue even as east and north MCDs accept loan by AAP govt as grant

Feb 03, 2016

Strike in Delhi to continue even as east and north MCDs accept loan by AAP govt as grant

The agitating MCD staff refused to call off their strike even as mayors of the north and east Delhi municipal corporations said they will accept the loan. #India #BJP #Delhi #NewsTracker #Arvind Kejriwal #loan #MCD #Garbage #Aam Aadmi Party #AAP #Delhi CM #grant #MCD Strike
Here is the catch in SBI's new home loan scheme for youngsters

Feb 03, 2016

Here is the catch in SBI's new home loan scheme for youngsters

State Bank of India (SBI), country’s largest lender, has announced a home loan scheme--SBI FlexiPay Home Loan-- under which the customer needs to pay only the interest component in the initial few years #SBI #HDFC #Deepak Parekh #Home loan #DSK #EMI #Real estate #Tata Capital #Home sales #LTV #teaser loan #FlexiPay #Jayanthi Lakshmi
SBI's new home loan offers 3-5 years interest moratorium to young customers

Feb 02, 2016

SBI's new home loan offers 3-5 years interest moratorium to young customers

SBI's 'FlexiPay Home Loan' seeks to boost its home finance portfolio and refused to name it as the now-discontinued 'teaser loan' #State Bank of India #SBI #HDFC #Teaser Loans #Arundhati Bhattacharya #RBI governor Raghuram Rajan #FlexiPay Home Loan
Why ICICI Bank's bad loan worries signal continuing pain for sarkari banks

Jan 28, 2016

Why ICICI Bank's bad loan worries signal continuing pain for sarkari banks

ICICI Bank registered a sharp increase in its gross non-performing assets (GNPAs) to 4.72 per cent of total loans in the quarter as compared with 3.77 per cent in the preceding quarter and the 3.40 per cent in the year-ago quarter. #ICICI Bank #Arun Jaitley #Raghuram Rajan #net profit #bad loans #Gross NPA #October-December quarter
Better jobs, income boosting home loan demand from small cities; banks buck corporate slowdown

Jan 28, 2016

Better jobs, income boosting home loan demand from small cities; banks buck corporate slowdown

India's banks, struggling to boost mainstay corporate loans, are finding a bright spot in a home-buying spree in the country's towns that has driven mortgage-loan growth to the fastest rate in at least six years. #Narendra Modi #ICICI Bank #SBI #Axis Bank #Mortgage loan #home loan growth #Jayanthy Lakshmi
HDFC Ltd Q3 net profit rises 11% to Rs 2,419 crore

Jan 27, 2016

HDFC Ltd Q3 net profit rises 11% to Rs 2,419 crore

Country's largest mortgage lender HDFC today reported a rise of 11.03 per cent in consolidated net profit at Rs 2,419 crore for the third quarter ended December 31. #HDFC #net profit #Home Loans #Q3 #October-December 2015 quarter
Budget 2016: Provide incentives to home-buyers to boost real estate

Jan 27, 2016

Budget 2016: Provide incentives to home-buyers to boost real estate

The realty sector is just emerging from a prolonged and painful slowdown, and is looking for all and any signs of light at the end of the tunnel. This fact makes Union Budget 2016 all the more critical, and the real estate industry has many expectations from it. #Arun Jaitley #Home loan #Real estate #HRA #REIT #Union Budget 2016 #Infra & Defence
India largest recipient of loans from World Bank for 70 years, says lending report

Jan 13, 2016

India largest recipient of loans from World Bank for 70 years, says lending report

India is the largest recipient of loans from the World Bank, amounting to $102.1 billion, between 1945 and 2015 (as on July 21, 2015), according to the Bank’s lending report. #World #Economy #India #Business #World Bank #NewsTracker #Ministry of Finance #loans #International Bank for Reconstruction and Development #Ida #IBRD #lending report
Rajan to staff : Ensure RBI is not seen as paper tiger

Jan 12, 2016

Rajan to staff : Ensure RBI is not seen as paper tiger

As RBI chides banks to act tough on bad debts, Governor Raghuram Rajan has asked his colleagues to ensure that the central bank is not seen as mere "paper tiger" and even rich and powerful wrong-doers are not spared. #Raghuram Rajan #RBI Governor #bad loan #RBI employees
DSK's zero interest home loan offer: Are real estate developers innovating products or rolling out gimmicks?

Jan 04, 2016

DSK's zero interest home loan offer: Are real estate developers innovating products or rolling out gimmicks?

According to a section of real estate analysts, the whole idea behind the DSK scheme is to avail quick, cheaper liquidity to develop their projects #SBI #HDFC #Deepak Parekh #Home loan #Pratip Chaudhury #Tata Capital #Pune-based DSK Developers #marketing tricks