Nov 20, 2010
“We are not forcing banks,” said a senior finance ministry official, admitting that the ministry has suggested banks to explore the opportunity. “They should do their due diligence as required.
Nov 20, 2010
Shriram is planning to float a housing finance subsidiary with a capital base of Rs 100 crore. The unit will be headed by Sujan Sinha, who was was earlier VP (retail assets) with Axis Bank.
Nov 19, 2010
The ongoing controversy over the so-called “teaser” loans in the home loan segment has many dimensions. The term ‘teaser loan' is derived from the practice, adopted by some leading banks,
Nov 18, 2010
The public sector Canara Bank would launch 105 branches and ATMs each, across the country on November 19, its founder's day, to commemorate the bank's 105th year of service to the nation.
Nov 18, 2010
There is bad news for the teaser home loan club. The latest person to sound an alarm bell on these products is none other than prime minister’s chief economic advisor Kaushik Basu.
Nov 17, 2010
While higher land prices and raw material costs could put profitability of companies under pressure, a steep rise in borrowing costs is likely to hurt demand.
Nov 17, 2010
Personal loans are handy when you are in a spot and need some urgent cash. However, personal loan are tricky and you need to know as much as possible about their basics before applying for one.
Nov 16, 2010
Banks which give personal loan to customers offer a top up to its customer after 9-18 months of the sanction date.
Nov 16, 2010
Personal loan market is heating up again. More Banks are either coming back or testing new products to offer to its customers.
Nov 15, 2010
The recession has placed many Americans in difficult financial situations. Personal loans are making a comeback, according to data collected by the American Banker.