A Delhi High Court bench of justices Sanjiv Khanna and Chander Shekhar, on April 9, 2018, noted that under the agreement between the Delhi Airport Metro Express Private Ltd (DAMEPL) and the Delhi Metro … READ FULL STORY
Despite a surge in delinquencies, lenders are increasingly focusing on the self-employed segment, to fuel home loan growth but there is a need to tread cautiously in this risky segment, given the massive spike … READ FULL STORY
Non-banking finance companies (NBFCs) and mortgage lenders, which control the lion’s share of developer loans, are using all the tricks in the marketing and finance trade books to help realtors, who are still reeling … READ FULL STORY
According to a report by CRISIL, the Reserve Bank of India’s (RBI’s) new framework on bad loans, has the potential to bring about a big change in the approach of banks, to monitor their … READ FULL STORY
A study by credit information company CIBIL, has revealed that loans meant for affordable housing (home loans of under Rs 10 lakhs ticket size), have shown a robust 23 per cent CAGR over the … READ FULL STORY
The share of banks’ credit in the real estate sector, has shrunk drastically in the last few years, from 50%-57% in 2010 to 24%-26% in 2016, said Knight Frank India, in its first edition … READ FULL STORY
In further relief to people hit by demonetisation, the Reserve Bank of India (RBI), on December 28, 2016, gave borrowers another 30 days, over and above 60 days, for repayment of housing, car, farm … READ FULL STORY
