ArticleField.comInternet's Fastest Growing Free Content Article DirectoryThe National Housing Bank (NHB) will set up a loan guarantee fund of Rs 1,200 crore for the urban poor. The broad contours of this proposal announced during the Budget 2011-12 guarantees housing loans up to Rs 5 lakh for the urban poor in metros and other cities. “The scheme (which will not cover the […]
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you have money stashed for future, now perhaps is the time to air it. Especially if your treasure is not giving good returns or bonuses. You should prepay if you can. Several banks allow a home loan borrower to partially prepay up to a certain limit without any penalty. Although, do take into consideration that […]
Contract Management is the management of contracts a company has with vendors and customers, but also includes employee contracts or any other contracts that may be needed to keep track of. Contract Management is sometimes also known as Contract Administration. Managing contracts is the whole process from creating the contract and negotiating the terms in […]
NHB’s conclusion offers a measure of relief to Housing Development Finance Corp. Ltd (HDFC) and other HFCs that can now get away with the standard provisioning equivalent to 0.4% of the loan value to cover the risk of a default, rather than the 2% they would have needed to set aside for teaser loans. Increased […]
