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Kotak Mahindra Bank to Acquire StanC's INR 4100 Crore Personal Loan Portfolio

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.

By Admin

  • 19th Oct 2024
  • 1176 Views
6 Key Reasons Why Rising Land Costs and Delays Are Slowing Down Indian Real Estate Projects

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.

By Admin

  • 4th Oct 2024
  • 1184 Views
A Guide to Securing Your Dream Home with a Home Loan

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.

By Admin

  • 20th Jun 2024
  • 1219 Views
Government Accelerates Efforts to Complete Stalled Housing Projects with SWAMIH Initiative

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.

By Admin

  • 9th Mar 2024
  • 1300 Views
Banks in India Instructed to Push Stuck Budget Housing Projects Worth INR 3L crore

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.

By Admin

  • 7th Jul 2023
  • 1377 Views
Seven Banks to Contribute INR 1500 Crore Toward The Completion of Delayed Real Estate Projects by Amrapali

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.

By Admin

  • 6th Apr 2022
  • 1395 Views
Largest Investment Banks From United States Poised to Re-Enter Real Estate in India

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.

By Admin

  • 18th Oct 2021
  • 1812 Views
Why is the Loan-to-Value (LTV) Ratio Important?

The lower the loan-to-value ratio, the better the other terms and interest rates on your home loan.

By Admin

  • 14th Oct 2021
  • 1635 Views
Private Banks soon to cut rates while Union Bank and PNB does so

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%.

By Suhas Kataria

  • 5th Jan 2017
  • 2278 Views
Failed to Get a Home Loan? Do Not Despair

Home loans are frequently rejected by banks for various reasons. Learn how to improve your chances.

By Suhas Kataria

  • 25th Jun 2016
  • 1812 Views
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