News articles tagged Banking Sector

Economy and Realty for the Month of April 2012

Despite a slowdown in GDP, office space absorption in India remained consistent in 2011-12. However, the outlook for 2012-13 appears challenging for developers.

Dhanlaxmi Bank says will cut costs, not shutting branches.

Dhanlaxmi Bank denies plans to close branches, focusing on cost control and growth strategies amid pressure from declining margins and net losses.

‘Affordable Housing’ a Pillar of Residential Realty Market

Affordable housing concept emerged as a ray of hope in India's residential realty market after economic recession, aiding its early recovery.

Banks want RBI to ease realty NPA norms

Banks urge RBI to relax debt restructuring norms for real estate companies to avoid classifying advances as bad loans, seeking uniformity with other sectors.

RBI sop fails to lift realty

RBI's move to ease real estate lending has negatively impacted banking stocks, with BSE Bankex and Realty Index falling sharply.

SBI To Review Home Loan Rates

SBI plans to reassess home loan interest rates shortly, following a recent increase in its PLR, indicating potential changes in lending conditions.

The Loan Against Property Rates & Their Effects

Loan against property rates depend on loan amount, borrower's credit ranking, and pledged security's equity in India's competitive housing finance market.

ICICI, DLF Lead Lenders, Real Estate Lower After Rate Increase

RBI raises interest rates, impacting stock markets and real estate sector with significant index declines