'Unless banks focus on the Rs 10-15 lakh loan segment, growing affordable housing will remain a challenge.'
Born to former Santosh Trophy player Mohammed Sayeed, this transfer marks a significant milestone for the promising young talent from Makrana, Rajasthan.
Marquez had only two training sessions with the team before naming a 26-member squad featuring new and returning players as India adapts to life after Sunil Chhetri's retirement.
After a sharp rally in the equities market this year, investors could be better off rotating some funds towards the debt market. Experts believe several tailwinds could spur bond market returns over the next 12-18 months. These include India's robust macroeconomics, declining inflation, and the imminent passive flows of close to Rs 2.5 trillion on account of domestic sovereign bonds getting included in the JP Morgan global indices.
The heat index in major metro cities in the country has majorly risen since 2010 compared to a decade earlier.
Since 2008, the Bureau of Energy Efficiency is running a star rating programme, under which electric equipment are rated according to their efficiency. This in turn helps the consumers save electricity.
Goals from Matti Steinmann (6th) and Anthony Pilkington (68th) secured the victory for SCEB
The affordable housing segment may be seeing an uptick which is a good sign of consumption momentum. This is the biggest-ticket purchase for middle income and lower income families. The current activity is at least partly driven by a pause in interest rate hikes.
Housing finance company (HFC) PNB Housing is planning to focus on reducing delinquencies in 2023-24.
'This segment has performed very well for us and this is reflected in our bounce rate which is about three to four per cent.'
SC East Bengal gave a better account of themselves after the drinks break in the first half. They almost scored the equaliser but a save from Laxmikant Kattimani and a goal-line clearance from Joao kept the Hyderabad lead intact.
ATK Mohun Bagan will meet Bengaluru FC in the ISL final, following their semifinal win over Hyderabad FC.
Private equity firm Carlyle Group and associates will acquire a controlling stake of over 50 per cent in PNB Housing Finance by investing in the Rs 4,000 crore preferential issue of equity and warrants of the Delhi-based mortgage lender. After the proposed transactions, expected to be completed by January 1, 2022, Carlyle will also have the right to nominate the chairperson of PNB Housing Finance (PNB HF). This right will continue as long as it holds at least 40 per cent of the share capital on a fully diluted basis.
'Real estate loans are given in the garb of retail loans, sourcing money cheap from the NHB refinance window.' 'This loophole is being plugged,' notes Tamal Bandyopadhyay.
ATK Mohun Bagan entered the semifinals of the Indian Super League with a win over Hyderabad FC in Kolkata on Saturday.
Listed housing finance companies (HFCs), as a group, posted a 3.7 per cent drop in second-quarter (Q2) profit year-on-year (YoY) to Rs 5,830 crore and 19 per cent sequentially on rise in interest expenses and uptick in provisions and write-offs. Operating income rose 13.7 per cent YoY to Rs 54,086 crore in Q2 of 2022-23 (FY23). Sequentially, income was up 62.3 per cent, from Rs 33,331 crore in the first quarter (Q1) of 2021-22 (FY22).
Hyderabad made a disastrous start to the game as Chinglensana Singh was sent off as early as the fifth minute.
Hyderabad FC and head coach Albert Roca parted ways on Saturday after agreeing to a mutual termination of the two-year contract after latter accepted the offer from Barcelona.
A look at some of the major disasters in soccer stadiums over the last 40 years after at least eight people were killed and 38 injured in a stampede at the Yaounde Olembe Stadium in Cameroon on Monday before their Africa Cup of Nations round of 16 game against Comoros.
While weather forecasters remain divided on how the monsoons will play out in India over the next few months, analysts believe the news at the current juncture - at best - can trigger a knee-jerk reaction in the markets. They believe it is too early to say whether the sub-par monsoon on account of El Nino can seriously dent the market sentiment in the short-to-medium term. "These are just initial forecasts and we will have another round / status update from the weather forecasters a month down the line.
A look at some of the major disasters in soccer stadiums over the last 40 years following Saturday's stampede at a football match in the Indonesian province of East Java which left several dead.
The bi-annual financial stability report noted that failure of an NBFC with the maximum capacity to cause solvency losses to the banking system will lead to a loss of 2.5 per cent of the total tier-I capital of the banking system.
While the lender has Rs 17,000 crore of retail assets and land parcels in Juhu, Borivali, Worli, and Chembur in Mumbai, there may be a disconnect between the quality of DHFL's books and the value bidders ascribe to it.
After the NHB asked housing finance cos to desist from offering interest subvention schemes, disbursement of loans are likely to get delayed, points out Tinesh Bhasin.
It was Chennaiyin FC's first win in 289 days, bringing a lot of relief for Gregory, who two weeks ago was contemplating an exit.
According to the amendment adopted by nations, developed countries will reduce HFCs use first, followed by China along with a large number of countries.
Bargaining for a lower processing fee is also possible if the borrower has already got his loan approved from one HFC but decides to shift to another HFC for actual disbursal.
Here, we present a case in favour of individuals insuring themselves so as to ensure that home loan.
The liquidity crisis at Dewan Housing Finance Corporation Limited (DHFL) has dented the fortunes of ace investor Rakesh Jhunjhunwala, who increased his stake in the troubled company in the March 2019 quarter (Q4FY19).
A guarantor who guarantees repayment of housing loan is liable to repay the loan along with interest to the fullest extent, if the borrower defaults. The liability of the guarantor under Indian Contract Act is co-extensive with that of the borrower.
Sensex rally was driven by Bajaj FinServ, Reliance Industries, Bajaj Finance, ICICI Bank, HDFC and Axis Bank. NSE Nifty climbed 326.50 points to end at 15,245.60.
But there are challenges, observes Tamal Bandyopadhyay.
Tamal Bandyopadhyay offers some unsolicited advice for a government wh,ich came to power, with brute majority and the nation's pragmatic chief money man.
Experts say this is a good time to buy a house for self-use, points out Sanjay Kumar Singh.
New borrowers should go for banks over housing finance companies as the new benchmark -- MCLR -- is more transparent.
After micro finance, micro housing is becoming a buzz word. The sector is not only attracting domestic companies, but also luring foreign financial service firms and institutional players.
At least 73 people were killed and 1,000 injured in a riot at a soccer match in the Egyptian city of Port Said on Wednesday, the worst disaster in the country's soccer history, government officials said. Here is a look at some of the major disasters in soccer stadiums in the last 30 years:
Most banks led by the State Bank, have or are going to declare DHFL account as NPA in the third quarter.
The government was keen that HFCs did not use the special window at a low rate and offered loans at very high rates. On 5 December, the Reserve Bank of India announced a refinance window for the HFCs, under which Rs 4,000 crore was made available to them from NHB at a concessional rate of 8 per cent.
'Anything that couldn't be stolen they destroyed.' Saloni Dhumne and Atreya Raghavan speak to members of the Indian community in Durban -- the largest congregation of Indians outside India -- who were targeted in last month's horrific riots.
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