Uncertainty factors over any business could spoil its future prospect. Similarly, housing finance companies in India are undergoing a long phase of uncertainty over its business existence. It has been witnessed in western countries like the United States of America, Canada, and European countries along with Australia have well-developed and flourished mortgage guarantee market. Unlike […]
Banking & Industry News Updates
Reduce Your EMIs, Shift to Repo Linked Home Loan Amidst Coronavirus Crisis
Paying high EMIs (Equated Monthly Installments) amidst coronavirus pandemic times where economic activities are restricted is very difficult to cope with it. To survive COVID-19 induced storm of financial distress without hurting our household budget is the top priority of every person. However, this situation does not seem to be easy to execute, but with […]
Reverse Repo Rates & TLTRO to Boost Liquidity into Real Estate Sector
The recent Reserve Banks of India’s (RBI) measures have brought a much-needed sigh of relief to the realty sector. The central bank has permitted NBFCs (Non-Banking Finance Companies) to extend the time for commencement of commercial operations (DCCO) in regard of loans to commercial projects extends by an extra one year if the projects got […]
Major RBI Measures to Rescue Indian Economy amidst COVID-19 crisis
In the present unprecedented times, RBI (Reserve Bank of India) took several policy measures and financial tools method to revamp the slowing economy amid COVID-19. RBI is using various conventional and non-conventional methods to bring back the Indian economy on track. The coronavirus induced crisis has given major hiccups to the economy due to a […]
Dual Challenges faced by NBFCs: Debt Repayment & Cash Shortage
Since the IL&FS default case, NBFCs (Non-Banking Finance Companies) are facing an acute shortage of funds and cash flow due to a consistent surge in NPAs (Non-Performing Assets) over the years. With persistent hope to bring revival and able to address cash crunch issues, the central bank has announced a fund to the tune of […]
