Lenders to bankrupt Enron Corp's $2.9 billion Indian power plant met for a new round of talks in Singapore on Tuesday to thrash out an agreement to revive the stricken project, an official said.
Foreign lenders to bankrupt Enron Corp's $2.9 billion Dahbol power plant want to pull out from the venture after endless bureaucratic delays to revive the stalled project.
ABN Amro Bank on Monday announced its foray into the housing loan segment with the lowest interest rate of 6.0 per cent in the first year and 6.5 per cent in second year under its 'Super Saver Loan Package.'
Foreign banks set the template in consumer banking in its infancy, but have almost vacated this booming space.
One thing is for sure: It smacks of the regulator's lack of confidence in the bank's board, points out Tamal Bandyopadhyay.
'This is for the first time home loan rates have dropped below 7 per cent,' notes Tamal Bandyopadhyay.
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