February 2, 2024: More than a year after providing loans for the Adani Group’s Ganga Expressway project, the State Bank of India (SBI) is currently in the process of down-selling half of its nearly … READ FULL STORY
What is SBI home loan statement? Customers of SBI home loans can get their home loan statement and interest certificate by going to the SBI online portal. You may also get it offline by … READ FULL STORY
SBI e-auction of properties starts from October 25, 2021. In SBI property auctions, the bank puts up properties of defaulters, to recover dues. Loans will also be available for successful bidders of the SBI … READ FULL STORY
Nearly three months after his company received an approval by the insolvency tribunal to complete the takeover, billionaire Ajay Piramal has completed the takeover process of embattled Dewan Housing Finance Corporation (DHFL), Piramal Group … READ FULL STORY
The real estate sector is one of the crucial pillars of India’s economy and the government has recognised this, by offering various schemes, including a bailout package, to get the segment out of a … READ FULL STORY
The largest bank of the country, State Bank of India (SBI) has announced a scheme to provide relief to its customers, in the form of a guarantee for the timely completion of the project … 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
The Madras High Court, on October 4, 2019, refused to quash a money laundering case filed by the Enforcement Directorate (ED), against real estate firm VGN Developers Private Limited, related to the purchase of … READ FULL STORY
Maharashtra Chief Minister Devendra Fadnavis on September 12, 2019 announced that MSRDC has achieved a financial closure of Rs 28,000 crore for the 701 km Mumbai-Nagpur Samruddhi Corridor. For the Rs 55,447 crore project, … READ FULL STORY
The country’s largest lender, State Bank of India (SBI), is in the international bond market to raise nearly USD 500 million in green bonds, making it the maiden issuance for the lender. The tenor … READ FULL STORY
SBI, LIC Housing Finance and Muthoot HomeFin, on September 3, 2018, offered loans at concessional rates, for repairing and renovation of homes, to help people in flood-affected Kerala. State Bank of India (SBI) said … READ FULL STORY
The country’s largest lender, State Bank of India (SBI), has increased its marginal cost of funds-based lending rate (MCLR), by 20 basis points across all tenors up to three years, effective September 1, 2018. … READ FULL STORY
Public sector banks, such as the State Bank of India and private sector lender, ICICI Bank, have recently announced an increase in their marginal cost of funds-based lending rate (MCLR). Consequently, the interest rates … READ FULL STORY
