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EMPANELMENT OF ARCHITECT & CONSULTING ENGINEERS IN BANK PANEL: UNION BANK OF INDIA: LAST DATE 28/06/2021 UNION BANK OF INDIA LAST DATE 28/06/2021 FOR THE APPLICATION FORM CLICK THE LINK BELOW FOR ALL UPDATES IN EMPANELMENTS & OTHER UPDATED GET ALL RELATED NEWS UPDATES IMMEDIATELY BY JOINING THE SOCIAL MEDIA PLATFORMS OF […]
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EMPANELMENT OF PROFESSIONALS IN BANK PANEL : UNION BANK OF INDIA : LAST DATE 13/07/2021 Read More »
Housing is an important sector of the Indian economyBy: PSN Rao Housing is an important sector of the Indian economy with backward and forward linkages with over 260 industries and is a major employment generator only after agriculture. As per estimates of the Central Statistics Office, the housing sector contributes as much as 5 per
Houses locked out amid shortages Read More »
NEW DELHI: In a rare regulatory move, Sebi has restrained PNB Housing Finance from going ahead with shareholders’ voting on the proposed Rs 4,000 crore-deal with Carlyle group and directed the company to carry out the valuation process as per the relevant legal provisions. The watchdog said the resolution regarding the deal, which was to
By: Hetal Bachkaniwala The residential market in India has been witnessing extreme volatility in terms of demand and supply over the last three years. Factors such as a slowing economic growth, rising interest rates by banks, high inflation and the weak rupee, among others, contributed towards building a negative sentiment among home buyers and resulted
Mumbai NCR, Pune residential prices set to rise albeit slowly Read More »
NEW DELHI: Authum Investment and Infrastructure Ltd has emerged as the highest bidder for Reliance Home Finance (RHF), a group company of the debt-ridden Anil Ambani-promoted Reliance Group, with about Rs 2,900 crore offer. Sources said lenders led by Bank of Baroda would receive Rs 2,587 crore or 90 per cent upfront and the remaining
Developers are counting on improvement in economic conditions to clear unsold inventory.The government may be talking of ‘housing for all’ by 2020 but far from general expectations, the real estate industry across the country continues to suffer from oversupply, low absorption levels and rise in QTS (quarter to sell unsold inventory) and high prices. While
Housing market still under pressure awaits recovery Read More »
HDFC Bank on Saturday said its board has given its approval to buy more than 3.55 crore shares in group firm HDFC ERGO General Insurance Company for over Rs 1,906 crore from the parent company (HDFC). “The board of directors of HDFC Bank at its meeting held on June 18, 2021 has approved the purchase
HDFC Bank to buy stake worth over Rs 1906 crore in group’s general insurer from parent Read More »
Mumbai-based non-banking finance company Authum Investment and Infrastructure has been declared as the preferred bidder for Anil Ambani’s debt laden Ltd (RHFL) with over 90% of the creditors voting for the company. Saturday was the last date for the voting which started on May 31 and creditors which included private and public sector banks and
Mumbai-based NBFC Authum Investment wins Reliance Home with more than 90% votes Read More »
The private sector has declared accounts of and Reliance Commercial Finance a fraud with combined loan outstandings of over Rs 160 crore to the lender. The bank has reported to the Reserve Bank regarding frauds in the credit facilities extended earlier to two listed companies — Reliance Home Finance with loan outstanding of Rs 21.94
State-owned Bank of Maharashtra (BoM) has become top performer among public sector lenders in terms of retail and MSME loan growth during 2020-21. The Pune-based lender recorded a 35 per cent growth in MSME loans at Rs 23,133 crore in 2020-21, according to the BoM data. It was followed by the Chennai-based which posted a
Bank of Maharashtra tops PSU bank chart in MSME loan growth in FY21 Read More »
The joint venture floated by Centrum Group and digital payments startup Bharatpe for launching a small finance bank will infuse Rs 1,800 crore capital into troubled Punjab & Maharashtra Cooperative Bank (PMC) on its merger with the proposed bank, a top Centrum official has said. Last Friday, the Reserve Bank gave an in-principle approval to
Centrum-Bharatpe joint venture to pump Rs 1800 crore into PMC on merger Read More »