Latest Updates Around The World
Homebuyers’ organization FPCE has demanded the government to provide interest subsidies on home loans to people buying affordable and middle-income properties in the upcoming budget.In a statement, Abhay Upadhyay, chairman of Forum For People’s Collective Efforts (FPCE), said the government should focus on promoting affordable housing in the mid-segment. “The real estate industry has increasingly […]
Real estate firm The House of Abhinandan Lodha (HoABL) has sold 1,419 apartments for Rs 640 crore in its housing project in the Mumbai Metropolitan Region (MMR) amid strong demand for low-cost housing.In July last year, HoABL partnered with Mittal Builders to develop a housing project, ‘The Great Western’, at Naigaon in MMR, covering an […]
Private sector banks’ market share in outstanding IHLs fell from 37.51 percent to 35.97 percent, according to the latest NHB data Public sector banks (PSBs) have stepped up their foray into individual home loans (IHLs), increasing their share to 44.11 percent of total outstanding IHLs at end-March 2025, up from 42.77 percent at end-March 2024, […]
Satyanarayana Raju, Managing Director and CEO, Canara Bank Canara Bank is focused on quality growth and profitability as it continues its strategic shift into the retail, agriculture and MSME (RAM) segments. Satyanarayana Raju, managing director and CEO of Canara Bank, said the public sector lender will resist the ongoing ‘rate war’ in corporate lending, and […]
Satyanarayana Raju, Managing Director and CEO, Canara Bank Canara Bank is focused on quality growth and profitability as it continues its strategic shift into the retail, agriculture and MSME (RAM) segments. Satyanarayana Raju, managing director and CEO of Canara Bank, said the public sector lender will resist the ongoing ‘rate war’ in corporate lending, and […]
Money in a jute full of Indian five hundred rupees notes. Concept for winning lottery, cash prizes, jackpot. Istock photo for bl | Photocredit: PixelfUsion3d The bank credit is seen by 11-12 percent this tax after a slower first half, because of the government and legal support and a pick-up in consumption, even if gross […]
JM Financial Credit Solutions LTD, a complete subsidiary of JM Financial, said on Sunday that it will sell an interest of 2.1 percent in her home loan subsidiary to Bajaj Allianz Life Insurance Company for RS 65.5 CRORE. In a legal submission on Sunday, JM Financial said that JMFCSL has executed an investment agreement with […]
For decades, buying real estate in India was a dream that often did not demanded for years of savings, or huge home credits assumed that families fought long-term debts. High access barriers, endless paperwork and the need for substantial capital meant that the property of real estate remained out of reach for many, especially young […]
Atanu Chakraborty, chairman, HDFC Bank HDFC Bank actively offers home loans of 90 percent of its branches, after completing two years of merging earlier mortgage financing major HDFC with the lender, said HDFC Bank chairman Atanu Chakraborty on the 31star Annual general meeting today. “I am happy to say that we have successfully completed the […]
Mumbai: Both regular banks and non-banking lenders could move to the direct allocation route on Co-Lent Assets, anticipating a delay in such deals after the central bank decided to sharpen the rules, said industry experts. The co-loan industry is estimated at more than £ 1 lakh crore. Credit providers said that the new reserve Bank […]
