By Accommodation Times News Services CIBIL along with associated financial institutions plot to choke credit by deterring loan seekers Credit Information Bureau (India) Limited, CIBIL, a credit bureau which maintains credit records of the public, with its strategy is inadvertently fashioning stringent measures to curb the liquidity flow for loans. This spells
By Ubaid Parkar Credit Information Bureau (India) Limited, CIBIL, a credit bureau which maintains credit records of the public, with its strategy is inadvertently fashioning stringent measures to curb the liquidity flow for loans. This spells out tougher guidelines through which credit can be acquired and includes housing loans as well.
By Ravindra Pai, Managing Director, Century Real Estate. Introduction Indian real estate sector has been one of the most preferred investment destinations for institutional investors in recent times. According to an industry report, the real estate sector attracted $30 billion in institutional investments from 2008 to 2018. Indian real estate industry has
By Accommodation Times News Service The demand from the Corporates, Banks and other financial services institutions is taking a huge leap in the growth making Telangana government to develop 50acres spread financial district. It seems that 75-acre of the district hub is completely saturated. Information Technology Secretary Jayesh Ranjan said, Ahmedabad has
By Accommodation Times News Services International Finance Corporation (IFC), the World Bank’s private-sector lending arm, will invest up to Rs 135 crore in microlender Grameen Koota Financial Services Pvt Ltd via debt. The bank is raising funds to provide more loan borrowers who are in need of loans. IFC said, the investment
By Accommodation Times News Services Union Rural Development Minister Birendra Singh, while speaking at a workshop for Affordable Rural Housing Technology, asserted that to build a decent and livable house and called for significant enhancement of Central allocation for rural housing scheme in tune with the recent hike for urban houses. The Ministry
By Accommodation Times News Services An International Financial Services Centre (IFSC) is set up at Gandhinagar, Gujarat as a part of a Special Economic Zone (SEZ). To operationalise the IFSC, a Notification under the Foreign Exchange Management Act, 1999 (FEMA) shall be issued by Reserve Bank of India (RBI) in March 2015, making
By Accommodation Times News Service The council was organized under the chairmanship of the Union Finance Minister The Financial Stability and Development Council (FSDC) reviewed the position of asset quality and capital adequacy of the banking system in the country. The recent initiatives taken by the Government and RBI to monitor credit
MMRDA seeks financial support from World Bank for the transport projects A detailed presentation made to the World Bank Country Director Mumbai, July 20, 2010 – The Mumbai Metropolitan Region Development Authority (MMRDA) today made a detailed presentation to the World Bank Country Director Mr.Roberto Zagha, seeking financial backing for
Introduction The staggering dimension of the housing storage in the country, urban as well as rural can never be solved by devising ad-hoc solutions. Long term goals and strategies are needed to solve this eternal problem. The government fully understand that we need enormous funds to solve these hydra headed problems.