| Shobhana Subramanian: Who'll finance 'affordable' housing? | 20-NOV-09 |
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| Brotin Banerjee is happy. He has been able to sell a fourth of the 1,500 apartments of his affordable housing project in Boisar, about 100 km from Mumbai, to people who he describes as belonging to the “informal sector”. These are buyers, the managing director of Tata Housing explains, who don’t have a bank account and, therefore, wouldn’t qualify for a bank loan. |
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| Farm credit worth Rs 1.38 lakh cr disbursed in H1 | 19-NOV-09 |
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| Banks and co-operatives have disbursed farm loans to the tune of Rs 1.38 lakh crore in the first half of 2009-10, meeting over 42 per cent of the target set by the government for the whole financial year. |
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| 'We won't look at acquisition without branch network' | 17-NOV-09 |
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| While other foreign banks are still shrinking their loan portfolio, Standard Chartered Bank says it is seeing a double-digit growth. In an interview, Neeraj Swaroop, Standard Chartered’s chief executive officer for India and South Asia, tells Sudeep Jain & Sidhartha that the bank intends to expand its offerings by adding equity fund-raising for Indian companies. The bank will, however, stay from small-ticket personal loans and acquisitions sans branches. |
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| GM generates $3.3 billion, will repay loans | 17-NOV-09 |
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| General Motors Co, signalling confidence in its recovery from bankruptcy, said it generated $3.3 billion in cash in the third quarter and plans to start repaying government loans early. |
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| Hyd court bars Maytas from loans on land collateral | 16-NOV-09 |
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| In a major setback to cash-strapped infrastructure company Maytas Properties, promoted by former Satyam Computer founder B Ramalinga Raju’s family, a local court has passed an order barring it from using land as collateral for loans. |
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| Local court restricts Maytas from loans on land collateral | 15-NOV-09 |
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| In a major setback to cash-strapped infrastructure firm Maytas Properties, promoted by former Satyam Computer founder B Ramalinga Raju's family, a local court has passed an order barring the company from using land as collateral for loans. |
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| Loans: Manju Srivatsa | 05-NOV-09 |
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| I am a 40-year-old spinster. I tried applying for a loan with my sister, who is 37-year-old and also a spinster. We both are salaried and want to buy a house. Our loan application was rejected by two banks. I am unable to understand why this happened. None of us have any loan defaults. |
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| Allow banks to charge more for small loans: Nabard | 30-OCT-09 |
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| At a time when the government is pushing banks to go for financial inclusion, the National Bank for Agriculture and Rural Development (Nabard) has suggested that banks be allowed to extend small credit at higher rates. |
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| Banks urged to convert crop loans to term loans | 30-OCT-09 |
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| As an immediate step towards providing relief to the population affected by drought and floods, Andhra Pradesh chief minister K Rosaiah has urged banks to convert all the crop loans sanctioned up to September 15, 2009, into term loans. |
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| BlackRock, T Rowe Price seek Fed loans to buy bonds | 30-OCT-09 |
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| Mutual funds run by companies including BlackRock Inc. and T. Rowe Price Group Inc. have begun buying bonds through a $1 trillion government lending programme after a June regulatory ruling cleared the way. |
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