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Kotak Mahindra Bank would buy Standard Chartered Bank India's ₹4,100 crore personal loan portfolio. This transaction should be completed in three months, pending regulatory clearances and closing conditions. The loans purchased are conventional, easing the transfer for banks and clients.
- 19th Oct 2024
- 1176 Views
High land prices and lengthy clearance delays are limiting Indian real estate project debuts. Land acquisition, regulatory difficulties, and legal issues are causing a supply-demand mismatch in Mumbai, Bengaluru, and Delhi-NCR.
- 4th Oct 2024
- 1184 Views
Securing a property loan involves navigating various factors such as credit history, property appraisal, and more. This guide will help you understand the essentials that impact your eligibility for home financing.
- 20th Jun 2024
- 1219 Views
Given the large number of stalled housing projects, the SWAMIH fund, which finances their completion, has demonstrated potential but has scalability issues. Despite completing over 26,000 residences and recovering a major share of investor funds, it needs to expand its reach and efficiency.
- 9th Mar 2024
- 1300 Views
The Government of India is urging banks to use the'special window' it has opened up to expedite the completion of large-scale real estate projects worth more than 3 lakh crore.
- 7th Jul 2023
- 1377 Views
Following a Supreme Court directive, a consortium of seven banks would pay Rs 1,500 crore in loans to finish the building of the former Amrapali group's delayed projects.
- 6th Apr 2022
- 1395 Views
Goldman Sachs, Morgan Stanley, and JPMorgan, the three bulge-bracket banking groups of the US, are likely to get active in Indian real estate after a long gap, according to executives with property funds and consultancies.
- 18th Oct 2021
- 1812 Views
The lower the loan-to-value ratio, the better the other terms and interest rates on your home loan.
- 14th Oct 2021
- 1635 Views
Home loan rates have gone down to their lowest level in 6 years with State Bank of India, the India's largest lender, reducing the efficient rate to 8.6% from 9.10%.
- 5th Jan 2017
- 2278 Views
Home loans are frequently rejected by banks for various reasons. Learn how to improve your chances.
- 25th Jun 2016
- 1812 Views