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Manju AB

  • Housing sector could turnaround in 2015 with boost of FDI

    The year 2015 may well turn out to be that of turnaround for the sagging real estate sector with global investors showing renewed interest. Industry sources as well as bankers believe that the spike in foreign direct investment (FDI) in the real estate after the government relaxed regulations in...

    Monday, 29 December 2014 - 7:30am
  • Rigid rates make corporates tap cheaper resources in CP, NCD markets

    After a lull in the commercial paper market, Power Finance Corporation (PFC) this week entered the market to raise Rs 3000 crore either through commercial papers or corporate bonds for 10 years with a coupon rate of 8.65 %. The Delhi-based manufacturing company Amtek Auto raised Rs 750 crore for 5...

    Friday, 26 December 2014 - 6:00am
  • Banks may tighten noose on defaulters; proposed changes will allow lenders to attach properties, once a case is filed

    The great Indian bank loot may be coming to an end. It may soon be difficult for defaulters like Vijay Mallya, Zoom Developers and others to run for judicial when a bank comes calling for recovery. Defaulters may soon see their properties attached the moment a bank files a suit with the Debt...

    Friday, 26 December 2014 - 7:45am
  • Higher growth rates in the US cast doubts on the rate easing

    Higher gross domestic growth (GDP) reported in the United States have forced the markets to turn skeptical about the rate easing cycle in India. The US economy grew at its fastest pace in over a decade with the economic output rising at an annual rate of 5 % in the third quarter according to the...

    Thursday, 25 December 2014 - 7:20am
  • Rate cuts, new licences, credit growth to keep banking in high spirits

    There is a lot waiting in the wings for banking customers and loan seekers as 2014 draws to a close. Everyone is keenly awaiting a rate cut from Reserve Bank of India (RBI) which is expected to be a critical catalyst for the economic growth, with the inflation on a steady decline. In the fifth bi-...

    Tuesday, 23 December 2014 - 6:30am
  • Shariah-compliant mutual funds draw Jain investors

    Those who follow Shariah principles (trusts, companies and individuals) only account for 35% to 40% of the assets under management

    Friday, 19 December 2014 - 5:20am
  • RBI steps in with dollar sales to stem rupee fall

    Traders say RBI sold $500 million in the money market to stop the rupee from sliding further; markets awaiting outcome of the 2-day US Fed meeting to get a clear signal

    Thursday, 18 December 2014 - 7:15am
  • Don't go for that fixed rate home loan products; rates are about to fall

    Most big banks have fixed rate home loan products to lock customers to higher interest rate. With the interest rate regime expected to soften, it's advisable for retail customers to stay away from such products or you may just miss out on the lower rates that may be around the corner.

    Friday, 12 December 2014 - 6:56am
  • Banks to lower base rates before RBI cuts policy rate

    Lenders forced to take a quick call as interest rates in the debt market drop much below bank rates

    Monday, 8 December 2014 - 7:49am
  • Lenders eyeing stakes in upcoming payments banks

    Oxigen and ItzCash likely candidates if they get banking licence

    Monday, 1 December 2014 - 8:00am