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A 24×7 dedicated education TV channel will be rolled out soon. The human resources development ministry plans to launch an exclusive channel (on Gyan Darshan) which will beam programmes on formal education and adult literacy. A slew of departments, including NCERT, IGNOU and National Institute of Open Schools, have been roped in to make the channel […]

After winding up their teaser and discounted home loan schemes, banks and housing finance companies, which have raised their lending rates, are charting out new strategies to expand their home loan portfolios. Barring the SBI, others discontinued special home loan schemes since January 2011. Says B K Mahendru, deputy general manager, retail assets, Punjab National […]

In a bid to prevent deterioration of bank asset portfolios, the Reserve Bank of India (RBI) is expected to further tighten up on real estate lending norms, both for retail customers and developers. Since the second quarter of this financial year, banks have faced asset deterioration with unbridled lending to the real estate sector. This […]

The Indira Gandhi National Open University (IGNOU) is committed to conserving and promoting the Hindi language, Vice Chancellor V.N. Rajasekharan Pillai Thursday said. ‘Keeping in mind the government policies about the conservation of Indian languages, we leave no stone unturned to publish most of our courses in Hindi,’ Pillai said in a release here. He […]

Home loan rates hit 10%, as do preferred corporate loans. Loan rates for retail borrowers as well as op-rated companies have crossed 10 %, with the cost of funds having risen in the past three months due to the liquidity crunch that banks have been facing. After about two years, home loan rates have crossed […]