PNB Housing Finance and Yes Bank sign strategic co-lending pact for retail home loans

PNB Housing will service the customers through the entire loan lifecycle, including sourcing, documentation and collection with an appropriate information sharing arrangement with Yes Bank.

published on : 5th March 2021

Public sector banks' bad loan formation to moderate going forward: Morgan Stanley

The Morgan Stanley report further said that PSBs will continue to lose loan market share given technology changes, strong competition and a weak internal rate of capital generation.

published on : 4th March 2021

Women emerge as key home buyers after COVID-19, 71 per cent want ready homes

The ANAROCK survey notes that women’s preference for real estate has risen post Covid-19 – from 57 per cent votes in the pre-pandemic survey to 62 per cent in the current edition.

published on : 4th March 2021

Exim Bank inks USD 10.40 million soft loan pact with Eswatini on behalf of Indian government

With the signing of this agreement, Exim Bank, till date has extended three LoCs to Eswatini, taking the total value to USD 68.30 million.

published on : 3rd March 2021

After soaring last week, states' cost of market borrowing falls below 7 per cent

With 13 states collectively raising Rs 23,378 crore at the latest auction, 28 states and two Union territories have cumulatively raised Rs 7.14 lakh crore from the market so far this fiscal.

published on : 3rd March 2021

Telangana to take  another loan of Rs 1,200 crore

The state would obtain Rs 1,000 crore via the regular process, while an additional loan of Rs 200 crore would be taken through the greenshoe option.

published on : 2nd March 2021

SBI reduces home loan rates by 10 basis points to 6.70 per cent

The bank said the home loan interest rates will start from 6.70 per cent for loans up to Rs 75 lakh and 6.75 per cent for loans in the range of Rs 75 lakh-Rs 5 crore.

published on : 1st March 2021

TRS leader Kalvakuntla Kavitha comes to rescue of loan app victim’s kin

In January, 36-year-old G Chandramohan died by suicide after being harassed by loan app collection agents. Following his death, the financial situation of his family went from bad to worse.

published on : 1st March 2021

Lenders begin identifying NPAs for transfer to proposed bad bank

Banks to give data on stressed accounts with principal outstanding of Rs 500 crore and more

published on : 28th February 2021

Loan waiver benefitted DMK cadre more: EPS

CM denies allegations that only AIADMK cadre benefitted from the farm loan waiver

published on : 20th February 2021

Unrecognized bad loans likely worth between Rs 1.2-1.4 lakh crore

Of the Rs 8 lakh crore, eight public sector banks reported majority of the pro forma gross NPAs at Rs 6 lakh crore followed by 14 private banks constituting the rest.

published on : 17th February 2021

Asian Development Bank to provide Rs 100 crore loan to Medanta to combat COVID-19

The project will support the purchase of personal protective equipment, basic hygiene products, and patient care equipment such as ventilators and beds.

published on : 15th February 2021

Why you need to be smart about loans

The need to borrow from a registered intermediary like a bank or a non-banking finance company. And to ensure that one repays their loans on time and does not miss out on the monthly payments. 

published on : 15th February 2021

Inconsistency in distribution of vendor loans, UP top beneficiary 

Only about 41 per cent of the 33.69 lakh loan applicants under the PM SVANidhi scheme have actually received them.

published on : 15th February 2021

The Major Factors That Affect Your Home Loan Interest Rate

The housing loan segment is expected to estimate arrives amid financial institutions offering competitive interest rates and ramping up their efforts to make housing loans more accessible 

published on : 11th February 2021
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