In the real estate sector, purchasing a Non-Performing Asset (NPA) property can present challenges but also opportunities for substantial rewards. Therefore, it is crucial to comprehend the associated risks and potential gains. Have you … READ FULL STORY
A non-performing asset or NPA is a term used to describe loan or credit for which the principal or interest payment remained overdue for 90 days or more. What is NPA? An NPA … READ FULL STORY
Buying a house requires a lot of planning and effort. Buyers often borrow money to accomplish their dream. Home loan is one of the cheapest borrowing means in the market in terms of interest … 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
Finance minister Nirmala Sitharaman, on December 31, 2019, unveiled infrastructure projects worth Rs 102 lakh crores. Recalling that prime minister Narendra Modi had, in his Independence Day speech, spoken of investing Rs 100 lakh … READ FULL STORY
If there is a failure in the home loan EMI payment, the bank may send you a legal notice and consider you as a loan defaulter. Recently, the government of India strengthened the laws … READ FULL STORY
On November 6, 2019, the union cabinet approved the setting up of an Alternative Investment Fund Category-II (AIF), to provide priority debt financing of up to Rs 25,000 crores, for completing stalled housing projects … READ FULL STORY
Total bad loans of commercial banks declined by Rs 1.02 lakh crores, to Rs 9.34 lakh crores in the 2018-19 fiscal, on the back of steps taken by the government, finance minister Nirmala Sitharaman … READ FULL STORY
The CBI has filed an FIR against Hyderabad-based BNR Infra and Leasing Limited, its promoters B Narasimha Reddy, S Bindusagar Reddy, advocates Nellutla Jagan, V Narasinga Rao and D Prabhakara Reddy and valuer N … READ FULL STORY
It may be true that ‘when the going gets tough, the tough get going’, but this does not seem to hold true for the Indian real estate sector currently. The ongoing crisis in the … READ FULL STORY
Banks are witnessing a spurt in asset quality stress in the non-corporate segment and the overall loan loss provisions for lenders, are expected to stay elevated till fiscal year 2019-20, a report said. The … READ FULL STORY
A parliamentary committee has questioned the Reserve Bank of India (RBI), for failing to take preemptive action in checking bad loans in the banking system, prior to the Asset Quality Review undertaken in December … READ FULL STORY
The Indian real estate sector has become one of the fastest growing markets. However, the sector is battling some extreme challenges that act as roadblocks and restrict the sector from yielding full benefits of … READ FULL STORY
