News for 'National Housing Bank'

'Israel Will Engineer A Broader War'

'Israel Will Engineer A Broader War'

Rediff.com4 Oct 2024

'Israel is counting on the United States to enter the fray on their behalf and perform destructive strikes against these targets that are beyond Israel's conventional capabilities.' 'They may well get their way if they start a war, because the United States is still committed to Israel's security, and it won't matter whether it is Trump or Harris in the White House.'

Street Signs: F&O seismic shift, IPO fervour going strong, and more

Street Signs: F&O seismic shift, IPO fervour going strong, and more

Rediff.com9 Sep 2024

With new eligibility criteria for futures and options (F&O) coming into effect, Jio Financial Services and Zomato are strong contenders for inclusion in the derivatives segment, according to an analysis by Nuvama Alternative & Quantitative Research. The report suggests that these new F&O inclusions could also propel these two companies into the benchmark National Stock Exchange Nifty 50 during the March rebalancing.

Why Bank HRs Are Under Pressure Suddenly

Why Bank HRs Are Under Pressure Suddenly

Rediff.com10 Nov 2022

Employees across segments, including those involved in specialised jobs such as technology, compliance and risk management, have started leaving the bank fold in hordes, observes Tamal Bandyopadhyay.

Home loans: How much did Indians borrow in FY14?

Home loans: How much did Indians borrow in FY14?

Rediff.com3 Apr 2014

Indians borrowed nearly Rs 1.60 lakh crore in housing loans in 2013-14, helping home finance firms' books move closer to the Rs 10 lakh crore mark.

Chh'garh: Cong banks on Baghel; BJP eyes strong comeback

Chh'garh: Cong banks on Baghel; BJP eyes strong comeback

Rediff.com9 Oct 2023

The Bharatiya Janata Party and the Congress remain the most dominant political forces in Chhattisgarh, though the state has several regional outfits that have pockets of influence, while the Aam Aadmi Party (AAP) is making a determined bid to challenge its well entrenched rivals and make a mark in polls to the 90-member House.

'No Derating Due To Coalition Govt'

'No Derating Due To Coalition Govt'

Rediff.com27 Jun 2024

'Barring a temporary blip where stocks fell on verdict day, we are back to all-time highs.'

'Yaarana to continue': India, Maldives ink key pacts

'Yaarana to continue': India, Maldives ink key pacts

Rediff.com7 Oct 2024

India on Monday asserted that its friendly ties with the Maldives will continue as Prime Minister Narendra Modi and President Mohamed Muizzu unveiled a blueprint for comprehensive economic and maritime cooperation, signalling a reset of the relationship that had hit a rough patch last year due to anti-New Delhi rhetoric.

Budget: Nirmalaji's Huge Rural Sector Challenge

Budget: Nirmalaji's Huge Rural Sector Challenge

Rediff.com20 Jul 2024

Alloting more funds for MNREGA and PM-KISAN could wipe out the entire additional money that the Centre may have for FY25.

Cities where it's costliest and cheapest to buy a house

Cities where it's costliest and cheapest to buy a house

Rediff.com31 Oct 2014

Housing prices appreciated in 18 major cities by up to 3.9 per cent in April-June over the preceding quarter while property rates fell in six cities including Delhi, according to National Housing Bank (NHB).

IPOs Soar on Bullish Market

IPOs Soar on Bullish Market

Rediff.com8 Sep 2024

The IPO filing-to-approval lapsing ratio this year is the best in three years, underscoring the improvement in the IPO market's buoyancy.

Housing sales to breach pre-pandemic levels in 2022

Housing sales to breach pre-pandemic levels in 2022

Rediff.com21 Aug 2022

India's residential market is expected to sustain demand momentum despite rise in mortgage and property rates as sales this year across the top 7 cities are likely to breach pre-pandemic level of 2.62 lakh units, industry players said. After braving four back-to-back disruptions in form of demonetisation, RERA, GST and COVID-19 in the last 6 years, industry experts feel the housing market is going through a lot of structural changes and is now at the start of a long-term upcycle. Homebuyers body FPCE gives credit to the Real Estate Regulatory Authority (RERA) under the Real Estate (Regulation & Development) Act, 2016 for this improved buying sentiment.

The RBI Way Of Firefighting

The RBI Way Of Firefighting

Rediff.com8 Apr 2024

Why is the RBI harsh on Paytm Payments Bank? Why did it give Rana Kapoor of Yes Bank Ltd such a long rope?Often, it's a long investigation process, but the RBI doesn't discuss this openly since that can threaten financial sector stability, explains Tamal Bandyopadhyay.

PIX: People across country celebrate Diwali with pomp

PIX: People across country celebrate Diwali with pomp

Rediff.com31 Oct 2024

Keeping up his tradition of celebrating the festival with soldiers, Prime Minister Narendra Modi visited Sir Creek near the Indo-Pak border in Gujarat's Kutch district and offered sweets to jawans.

MF Investor Base To Touch 50 Million

MF Investor Base To Touch 50 Million

Rediff.com24 Sep 2024

The number of active SIP accounts is nearing the 100 million milestone.

Oh, Kolkata!

Oh, Kolkata!

Rediff.com7 Oct 2024

5 Must Do Things in Kolkata.

'Home finance firms should cut rates'

'Home finance firms should cut rates'

Rediff.com8 Jan 2009

Through NHB, the government has made available additional funds to the tune of Rs 60 billion to the housing finance sector. The bank is clearing oversees borrowing applications from housing finance firms to boost their funding requirements. NHB chairman and managing director S Sridhar shares his views on the current scenario.

MF Reduced PSU Holdings Pre-Election

MF Reduced PSU Holdings Pre-Election

Rediff.com13 Jun 2024

In May, MFs were the net sellers in several PSUs, as they deployed Rs 47,600 crore in equities during the month.

Can't name all states, says FM as Opposition walks out

Can't name all states, says FM as Opposition walks out

Rediff.com24 Jul 2024

The Indian National Developmental Inclusive Alliance (INDIA) parties, led by the Congress, staged a walkout from both Houses of Parliament on Wednesday, in protest against all states except two being 'ignored' in the budget, an allegation termed 'outrageous' by Finance Minister Nirmala Sitharamanm, who said all the states never found a mention in any of the previous budgets, including those presented by the Congress.

Loan racket: RBI to probe modus operandi

Loan racket: RBI to probe modus operandi

Rediff.com25 Nov 2010

RBI would alert banks to exercise caution on their exposure to the real estate sector according to the process usually followed, sources said.

RBL Bank: Strange Corner Office Changes

RBL Bank: Strange Corner Office Changes

Rediff.com5 Jul 2022

One thing is for sure: It smacks of the regulator's lack of confidence in the bank's board, points out Tamal Bandyopadhyay.

Banks, HFCs ride on sub-prime borrowers

Banks, HFCs ride on sub-prime borrowers

Rediff.com9 Jul 2018

While the total disbursement of housing loans by PSBs as well as HFCs witnessed a deceleration in 2016-17, there was significant growth for the lower slabs

Kamala Harris picks Minnesota guv as running mate

Kamala Harris picks Minnesota guv as running mate

Rediff.com6 Aug 2024

US Vice President Kamala Harris, who is of Indian and African heritage, has formally secured the Democratic presidential nomination becoming the first Indian-American to win the nomination from a major political party, and chose Minnesota Gov Tim Walz as her running mate on Tuesday.

EC notice to Engineer Rashid on poll expenditure ahead of oath taking as LS MP

EC notice to Engineer Rashid on poll expenditure ahead of oath taking as LS MP

Rediff.com3 Jul 2024

The notice requested Rashid or a representative of his to appear before the district expenditure monitoring committee within two days to address the discrepancy and ensure timely submission of the expenditure report to the Election Commission of India.

Standing Where History Took Flight

Standing Where History Took Flight

Rediff.com17 Jul 2024

Thousands of tourists visit this historic site where aviation began to pay homage to the Wright Brothers. Many of these visitors, including immigrants like myself, may never have come to this land or made it their home if not for the brothers' dream, which made the impossible possible, says Rediff.com US Contributor Abhijit J Masih.

Companies Plan Yoga Day Celebration

Companies Plan Yoga Day Celebration

Rediff.com21 Jun 2024

'An in-house contest encourages employees to share yoga and well-being practices with their families.'

Can Modi 3.0 Ignite Surge in PSU Stocks?

Can Modi 3.0 Ignite Surge in PSU Stocks?

Rediff.com29 Jun 2024

'Those betting against PSUs will likely be punished in this upswing.'

PM directs welfare schemes' implementation in 6 months

PM directs welfare schemes' implementation in 6 months

Rediff.com21 Oct 2023

The government, they said, will launch a mega drive, Viksit Bharat Sankalp Yatra, across all 2.7 lakh panchayats in the country to reach out to beneficiaries and enrol them.

Income Rise To Boost Household Asset Rebuilding

Income Rise To Boost Household Asset Rebuilding

Rediff.com4 Sep 2024

Households are likely to remain the primary net lenders to the economy in the coming decades.

Loans to get cheaper as banks will pass on rate cut

Loans to get cheaper as banks will pass on rate cut

Rediff.com23 Aug 2019

The RBI has this year cut interest rates by 110 basis points in four instalments but banks have passed only a part of it to borrowers. Before the last reduction earlier this month of 35 basis points, the bank on an average had passed only 29 basis points out of 75 basis points cut affected during 2019.

Few takers for reverse mortgage scheme

Few takers for reverse mortgage scheme

Rediff.com10 Sep 2008

State Bank of India alone has extended a majority of the 1,900 loans. The National Housing Bank, which developed the scheme that is meant for people aged above 55 years, feels that the poor show is due to the lack of awareness among senior citizens, who number stands at 76 million according to the 2001 census data, and lack of enthusiasm on the part of the banks.

Last Friday Ramzan Prayers Not Allowed At Jamia Masjid In Srinagar

Last Friday Ramzan Prayers Not Allowed At Jamia Masjid In Srinagar

Rediff.com6 Apr 2024

The last Friday prayers of Ramzan (Jumatul Vida) were not allowed to be held at the historic Jamia Masjid in Srinagar.

Protesters want Nobel laureate Mohammad Yunus as interim govt chief

Protesters want Nobel laureate Mohammad Yunus as interim govt chief

Rediff.com6 Aug 2024

Bangladesh descended into chaos on Monday as Prime Minister Sheikh Hasina surreptitiously resigned and fled the country in a military aircraft while the Army stepped in to fill the power vacuum.

Modi files election affidavit; is worth Rs 3 cr, mostly fixed deposits

Modi files election affidavit; is worth Rs 3 cr, mostly fixed deposits

Rediff.com15 May 2024

As required, Modi submitted the affidavit while filing his nomination papers Tuesday as an election candidate from the Varanasi parliamentary constituency, a seat he has held twice earlier.

Tomato price volatility exposes gaps in India's agriculture supply chain

Tomato price volatility exposes gaps in India's agriculture supply chain

Rediff.com26 Oct 2024

Tomato prices have been on the boil for more than a month. Data from major cities show that the spike has been between 125 and 150 per cent at the wholesale level. Soaring vegetable prices, including tomatoes, pushed the retail inflation rate to a nine-month high of 5.49 per cent in September, according to government data. Though reports say prices are expected to come down in the next few weeks after supplies improve from Madhya Pradesh and Himachal Pradesh, how long will the respite last is anybody's guess.

Meet Maharashtra's Wealthiest Candidate

Meet Maharashtra's Wealthiest Candidate

Rediff.com20 Nov 2024

'When honest, wealthy people come forward to serve India, people should feel proud and welcome them.'

'Idea behind SROs is not to make them more regulatory'

'Idea behind SROs is not to make them more regulatory'

Rediff.com25 Aug 2024

'One of the aspects for transparency and fair governance is to give the industry being represented the chance of lobbying with the regulator.'

Home loan firms may see new lending rate norms

Home loan firms may see new lending rate norms

Rediff.com7 Jul 2010

After banks, it's the turn of housing finance companies to have a more transparent regime for pricing of loans. The National Housing Bank (NHB), the regulator for these companies, is working on a system that is similar to the base rate regime introduced for banks recently.

Where will Sahara find money to pay investors?

Where will Sahara find money to pay investors?

Rediff.com21 Sep 2012

The companies have 90 days to deposit the money with Sebi, which has been tasked by the Supreme Court to return the money to the investors.

Kharge takes 'mataji', 'pakoda-jalebi' jibe at Sitharaman

Kharge takes 'mataji', 'pakoda-jalebi' jibe at Sitharaman

Rediff.com24 Jul 2024

Congress President and Leader of the Opposition in Rajya Sabha Mallikarjun Kharge on Wednesday questioned Union Finance Minister Nirmala Sitharaman over the Union Budget and claimed that the plates of all states except Bihar and Andhra Pradesh were empty in the budget allocation.

Home finance firms need Rs 40,000 crore

Home finance firms need Rs 40,000 crore

Rediff.com6 Jan 2009

But their plea for fresh measures to boost their liquidity has not found favour with the National Housing Bank, which assessed their fund requirement in the last week of December. Sources at NHB said the measures initiated by the Reserve Bank of India appeared sufficient for the requirements.