KV Kamath committee’s recommendations to resurrect stressed real estate sector

The KV Kamath committee prepared a resolution framework for sectors hit by coronavirus pandemic. The Reserve Bank of India accepted the committee’s resolution frameworks recommendations that are expected to provide relief to stressed real estate developers and individual home loan borrowers. The real estate sector already reeling under the pressure of subduing demand, severe liquidity […]

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Factors borrowers need to consider while switching to other home loan lenders with low-interest rate

The low-interest-rates offered by home loan lenders attracts existing borrowers and encourages them to save some interest repayment by switching to low-interest-rate lenders. Any amount of reduction in interest repayment will make home loan borrowers happy amidst stressful time. Consistent repo rates reduction by Reserve Bank of India (RBI) since last year led to a […]

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SBICAP under special liquid scheme to give INR 10,0000 crore financial support to troubled HFCs

The Reserve Bank of India (RBI) has given funds for special liquidity scheme by subscribing to government-guaranteed special securities distributed through a trust set up by SBI Capital Market (SBICAP). The special liquidity scheme was launched on 1st July 2020 to address financial stress arises due to COVID crisis. SBI Capital Market has received financing […]

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