The reduction in Gross Non-Performing Assets (GNPAs) is forecasted to continue in FY2023 following the reduction of 6 bps in Q1 FY 2023. The GNPA assessment has been retained at 2.7-3.0% as of March … READ FULL STORY
Your financial health is the biggest deciding factor, when investing in a property. In addition to the cost of the property, there are other fringe costs that you have to bear, including the stamp … READ FULL STORY
For prospective home buyers, opting for a home loan is a significant step in their home-buying journey. With several banks and financial institutions in the market today, selecting the right lender is not an … READ FULL STORY
While seeking a home loan, some queries may seem fairly straightforward but it is always good to start with the basics and then get into the details. Here are some things you should consider … READ FULL STORY
Home buyers may often find real estate developers helping them with housing finance, through their tie-ups with financial institutions. However, when this home loan is being co-lent by a bank and a housing finance … READ FULL STORY
New home buyers are often in a dilemma, over whether they should apply for a loan from a housing finance company (HFC) or a bank. The recent liquidity crisis being faced by non-banking finance … READ FULL STORY
The finance minister of India has unveiled details of the first and second tranche of the Rs 20-lakh-crore stimulus package that was announced by prime minister Narendra Modi on May 12, 2020, to deal … READ FULL STORY
HDFC chairman Deepak Parekh, on January 28, 2020, said that they were talking to the regulators and the Finance Ministry, on a one-time restructuring of loans for realty projects. “We have requested the NHB … READ FULL STORY
Cracking the whip for their ‘lethargic indifference’, the Securities and Exchange Board of India (SEBI), on December 26, 2019, slapped a penalty of Rs 25 lakhs each on ICRA, CARE, and India Ratings & … READ FULL STORY
Refinancing an existing loan for a commercial property is a practice that started in the western world and has caught on in many Asian countries including India, for some time now. Refinancing offers a … READ FULL STORY
The real estate market, at present, is abuzz with news about stalled housing projects, giving an impression that all projects are now at risk of failure or becoming distressed. However, the real picture may … READ FULL STORY
Despite a slew of measures to arrest the slump, by the government and the Reserve Bank of India (RBI) to boost liquidity and revive demand, a latest survey by Knight Frank, FICCI and NAREDCO, … READ FULL STORY
Religare Enterprises Limited (REL) has entered into a binding term sheet with TCG Advisory Services Private Limited, for the sale of its entire stake in Religare Finvest Limited (RFL), its NBFC arm, along with … READ FULL STORY
