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Pak Hindu woman reunited with Indian family after 10 months

A Hindu refugee from Pakistan was reunited with her family in India on Tuesday after being stranded in the neighbouring country for 10 months. Janta Mali, who has applied for Indian......

Purchase of property, issuance of driving licence: Here's the list of sops for refugees from Pak, B'desh, Afghanistan

Keeping its promise to provide succour to refugees from neighbouring countries, the National Democratic Alliance government has approved additional facilities for members of minority communities......

Will gold loans lose sheen?

While taking gold out of the closet to borrow money is no longer taboo in Indian households, the sharp drop in gold prices is hitting the newest loan product on the banking turf hard, explains......

Plan to buy Rakesh Jhunjhunwala-backed Nazara Tech's shares?

Nazara's Rs 583 crore-IPO will run through March 17-19 and will be entirely an offer for sale. IMAGE: Rakesh Jhunjhunwala. Photograph: Shailesh Andrade/Reuters Rakesh Jhunjhunwala-backed......

Covid is driving demand for gold loans from banks

For the first time, consumers, including those at the so-called bottom of the pyramid, are monetising gold by taking loans from banks, offering the yellow metal as collateral, says Tamal......

How RBI plans to make home loans more attractive

In order to promote the housing sector, Reserve Bank of India on Friday decided to rationalise risk weightage on housing loans, making the product attractive for both borrowers and lenders. With......

How loan restructuring scheme can impact your finances

The accumulated interest will increase the principal and you will have to pay a higher rate. Borrowers should take the restructuring plan only after they are convinced they have exhausted all other......

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Crisil

For NBFCs, the average portfolio LTV as on December 31, 2020, was 63-67%, while average LTV on incremental disbursements in the October-December... ...

https://economictimes.indiatimes.com/markets/commodities/news/fall-in-gold-prices-may-not-significantly-impact-nbfcs-asset-quality-report/articleshow/82041746.cms

Will gold loans lose sheen?

While taking gold out of the closet to borrow money is no longer taboo in Indian households, the sharp drop in gold prices is hitting the newest... ...

http://www.rediff.com/money/column/tamal-bandhyopadhyay-will-gold-loans-lose-sheen/20210405.htm

Plan to buy Rakesh Jhunjhunwala-backed Nazara Tech's shares?

Nazara's Rs 583 crore-IPO will run through March 17-19 and will be entirely an offer for sale. IMAGE: Rakesh Jhunjhunwala.�Photograph: Shailesh... ...

http://www.rediff.com/money/report/plan-to-buy-jhunjhunwala-backed-nazara-techs-shares/20210317.htm

Kotak Mahindra Bank cuts home loan rates to 6.65%

The move comes hours after home loan segment leader SBI cut its offering to 6.70 per cent. Home loan rates were already at a 15-year-low, as banks... ...

https://economictimes.indiatimes.com/industry/banking/finance/banking/kotak-mahindra-bank-cuts-home-loan-rates-to-6-65/articleshow/81279136.cms

RBI issues directions for housing finance cos

MUMBAI: The Reserve Bank of India (RBI) on Wednesday came out with a slew of directions related to maintenance of liquidity coverage ratio, risk... ...

https://economictimes.indiatimes.com/industry/banking-finance/reserve-bank-of-india-issues-directions-for-housing-finance-companies/articleshow/81068208.cms

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