ArticleField.comInternet's Fastest Growing Free Content Article DirectoryThe recent acquisition of two properties verdicts should sound like alarm bells to buyers of the sub-construction buildings. Fifteen days before the Supreme Court (SC) has canceled the purchase of 156 acres of land in Noida. Yesterday, the Allahabad High Court quashed the acquisition of 589.13 hectares in Greater Noida. Property buyers would be in […]
In a departure from roaring growth and profit numbers posted last year, two leading British lenders in the country, HSBC and Barclays, are on a cost-cutting spree, involving some retrenchments as they realign their operations. While HSBC, which had recorded its best ever profit from its India operations last year, denied reports in a section […]
LIC Housing Finance Ltd plans to launch a Rs 500-crore venture capital (VC) fund for urban infrastructure development by September, according to its director and chief executive officer, V K Sharma. Speaking to reporters on the sidelines of the company’s property exhibition here today, he said LIC Housing Finance had already started the process for […]
Fixed income investors are courted by the banks with attractive rates on fixed deposit and bonds, up 11.6% over five years. The poor performance of stock markets this year has encouraged investors to seek out these products. There is also the gray market for bond issues, especially active after the bond rating SBI few months […]
Allahabad Bank announced a 25 basis points (bps) increase in lending rates, following the industry-wide trend of rising rates. Its executive director MR Nayak told ET that the bank has decided to hike the benchmark base rate by 25 bps to 10.25% from July 15. Accordingly, its fresh and existing housing and car loan will […]
