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LIC likely to exit mutual fund JV with Nomura

The company seeks finance ministry’s nod; could also cut stake in housing finance business As part of its new strategy on non-core businesses, Life insurance Corporation is considering......

Indian banks seek refuge in home loans, crowd onto HDFC's mortgage turf

Indian mortgage lender Housing Development Finance Corp Ltd (HDFC), loved by global investors for its steady profit growth, faces an intensifying battle for business and market share as banks......

Tata, Birla, India Post among 26 applicants for bank licence

Tata Sons, LIC Housing Finance, Aditya Birla Nuvo, Department of Posts, Reliance Capital and Bajaj Finserv are among the 26 private and pubic sector entities which have applied to RBI for grant of......

End-users should stay away from realty pre-launch offers

Loans to the real estate sector from banks and housing finance companies have been declining for some time, given their risky nature. Lenders are staying away even at the cost of their margins. In......

LIC HF may rope in consultant for proposed banking foray

LIC Housing Finance, a subsidiary of Life Insurance Corporation (LIC), may rope in an external consultant to advise it regarding its proposed foray into banking business."We may rope in a......
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Reserve Bank of India removes curbs on NBFCs for sale of mutual funds

1 May, 2015, 10.05AM IST Post a Comment The Reserve Bank of India on Thursday lifted all restrictions on non-bank finance companies to sell mutual... ...

http://economictimes.feedsportal.com/c/33041/f/534047/s/45e80c80/sc/28/l/0Leconomictimes0Bindiatimes0N0Cmf0Cmf0Enews0Creserve0Ebank0Eof0Eindia0Eremoves0Ecurbs0Eon0Enbfcs0Efor0Esale0Eof0Emutual0Efunds0Carticleshow0C471177380Bcms/story01.htm
NBFCs reduce corporate fixed deposit rates by up to 40 bps

MUMBAI: Non-banking finance companies Bajaj Finance, Shriram Transport Finance, Housing Development Finance Corporation, Shriram City Union, and... ...

http://economictimes.indiatimes.com/industry/banking/finance/nbfcs-reduce-corporate-fixed-deposit-rates-by-up-to-40-bps/articleshow/47116019.cms
NBFCs reduce corporate deposit rates by five to 40 basis points

MUMBAI: Non-banking finance companies Bajaj Finance, Shriram Transport Finance, HDFC Ltd, Shriram City Union and LIC Housing Finance have reduced... ...

http://economictimes.indiatimes.com/industry/banking/finance/banking/nbfcs-reduce-corporate-deposit-rates-by-five-to-40-basis-points/articleshow/47100491.cms
Tata MF buys engg, pharma, IT; sells bank

Punjab National Bank, Gujarat Pipavav Port and ONGC were the top sells, while Ashok Leyland, Power Grid Corporation and Suzlon Energy were the top... ...

http://www.moneycontrol.com/news/mf-analysis/tata-mf-buys-engg-pharma-it-sells-bank_1368689.html
Existing home loan borrowers get raw deal in base-rate cuts

The larger home loan lenders needed a huge nudge (almost a shove) from the Reserve Bank of India governor and the finance ministry before they... ...

http://www.dnaindia.com/money/column-existing-home-loan-borrowers-get-raw-deal-in-base-rate-cuts-2081174

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