Top 5 benefits of Mortgage Loan Mortgage Loan & Loan against Property : Loan that is given on behalf of property and real estate is termed as mortgage loan. This is also known as secured loan. Mortgages are that type of financial product whose demand and supply change on the basics market. Top 5...
Project finance is nothing but sourcing funds to a long term infrastructure project, or any other project, and using the cash flow generated from the project to payback the financing procured. Every project needs financing to implement and run it successfully, thus preferring to finance the project in an off-balance sheet manner is a useful...
We expect the Reserve Bank of India (RBI) to keep all key policy rates unchanged, while maintaining a neutral stance. There are several risks to the inflation outlook, which will keep RBI cautious but these risks have all been highlighted in the past and there have been no incremental negative developments in the past few weeks. On the contrary, consumer price index (CPI) inflation has...
The country’s oldest public sector financial institution, IFCIBSE -0.98 % has said it expects the cash recovery to increase to Rs 1,200 crore in the current fiscal following the “stepped up” bad loan recovery process it has undertaken. “We have made recovery of Rs 850 crore in the three quarters of the current fiscal which...
(96 kb) Date : Mar 20, 2018 Liquidity Adjustment Facility: Fixed Rate Reverse Repo Operations The result of the RBI Fixed Rate Reverse Repo Operations held on March 19, 2018 is as under: Amount (face value in ₹ Billion) Items Overnight Reverse Repo Auction 5.75% Fixed Rate 1. Bids received (i) Number 49 (ii) Amount 208.12...
Mobile-first fintech major Paytm is planning a major push in the financial services sector. In the next few months, the Vijay Shekhar Sharma-led company is planning to launch services including mutual funds, general insurance, life insurance and a number of banking services via its payments bank.The firm, owned by One97 Communications, is also providing the option to transact offline...
A Pre-installment charge or a Pre-installment punishment is a provision in a home loan contract expressing that if the home loan is paid ahead of time inside a specific day and age, the borrower will be charged a punishment by the moneylender. The punishment sum is typically a percent of the extraordinary home loan sum...
A focused domain fills in as an impetus for development for organizations, huge, medium or little. Private ventures in India have been thriving in a muddled market for some time now, gaining by patterns and changing buyer inclinations. However one of the difficulties they need to manage is the absence of opportune assets, regardless of...
Accomplishing development is a fantasy for each business, all the more so in the event that it is a little or medium venture. Who doesn’t care for growing their creation and furthermore the income of their business? While business development is essential, one thing which is basically required for business development is back (with astuteness...