ArticleField.comInternet's Fastest Growing Free Content Article DirectoryThe cost of bank funding to the thriving gold loan segment has increased by 150-200 basis points following the Reserve Bank of India decision to remove the priority sector lending benefit available to commercial banks, under the agriculture classification, for loans to (and assignment portfolios from) gold loan companies like Manappuram and Muthoot. The removal […]
Dewan Housing Finance Corporation Limited (DHFL) has launched Aadhar Housing Finance Private Limited, targetting the ‘bottom of the pyramid’ home loan space in Uttar Pradesh and other states with similar socio-economic profile. DHFL has chosen Uttar Pradesh as the launch pad of the new group company acknowledging the ‘huge potential’ in the market. Later, Aadhar […]
Audi AG, the luxury unit of Volkswagen AG, plans to form an auto finance arm in India after offering car loans helped rival Bayerische Motoren Werke AG become the country’s biggest luxury car seller last year. Audi planned an announcement on vehicle financing as early as this month, Michael Perschke, head of the Ingolstadt, Germany-based […]
Buying a property and funding it through a home loan requires a good amount of planning from a financial perspective as it is a major financial commitment. Financing a property purchase through a home loan has many benefits. Therefore, sound financial planning is needed to reap all the benefits available. Interest rates have gone up […]
Interest rates on home loan in India are set to go up as the country’s central bank recently hiked its lending and borrowing rates by 25 basis points. This will affect the budgets of families already battered by high inflation. Moving into their own home after 10 years was a dream comes true for Mr Ravindranathan […]
