Banks should shed reluctance in lending to urban poor: Venkaiah Naidu

By Accommodation Times News Service Shri Rajiv Pratap Rudy urges banks to accept skill certificates for financing Shri Jayant Sinha suggests financial literary for beneficiaries, loans in the name of women Convergence based implementation of schemes for urban poor discussed  Reiterating the Government’s top priority of eliminating poverty, Minister of Housing & Urban Poverty

Home prices inflated, lending dangerous: Deepak Parekh

By Accommodation Times News Service Industry leader Deepak Parekh has said, the home prices as highly inflated in the country, including in smaller cities have asked builders to focus on affordable housing rather than luxury homes and said it is a dangerous thing to lend aggressively to developers.  HDFC  one of

Banks taking a reverse in reducing lending rates

By Accommodation Times News Bureau It seems that banks are not passing the rate cut benefits even after RBI slashed its rates The Reserve Bank of India (RBI) so far slashed the policy rate by 75 basis points to spur growth in 2013. However banks have not yet started reducing their lending

NOIDA land under political threat

By Sanjay Chaturvedi The share of land revenue loot was not shared among all the parties concerned, hence hue and cry on land grab. According to the Master Plan for Delhi, MPD 2021, about 27000 hectares of land, including some built up area, had been projected as available for urbanization. This was

HDFC hikes rates but it won’t affect to Housing finance

Mumbai: Country’s leading money lending Bank HDFC has decided to hike its lending rates by 25 basis points (100 basis points= 1%) and it will be likely to be effective from Tuesday. Pursuing to rates hike by the two biggest money lenders such as SBI and ICCI. So HDFC is

Banks turned furious to Gr Noida’s realtors

After the Supreme Court’s surveillance with the concern of land acquisition for real estate in Noida Extension and Greater Noida, so banks other money lending institutions has said no to the financial help to under scanner projects. The projects such as Supertech-II (Ecovillage project) centrally located in the disputed land

ROLE OF NATIONALISED BANKS IN THE HOUSING FINANCE IN INDIA

BACKGROUND Indian financial system is broadly classified in to two groups : 1. Organised sector Unorganised sector The financial system is also divided into users of financial services and providers. Financial institutions sell their services to households, business and government who are the users of financial services. The providers of financial services are: Central bank