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EQUITABLE MORTGAGE
Soon, you may be able to register your property onlineThe central government is preparing a new bill. This bill aims to introduce online property registration. It will replace the existing Regi...
Mortgage lender Loan Kuber raises $3.5 million in fundingAuxano, LetsVenture, Mavuca Capital, and angel investors Ruchi Deepak of Acko, Prashant Tandon of 1mg, and Pankaj Vermani of Clovia also pa...
Rs 150 crore out of Rs 1,500 crore paid for stalled Amrapali housing projects, SC toldSenior advocate and court-appointed receiver R. Venkataramani, in a note, said: "In compliance with the order dated March 28, on March 31 t...
UP-RERA deregisters two projects of Ansal API, imposes Rs 1.6 crore penaltyRERA said that the strict action has been taken after the promoter could not provide a satisfactory response to the deregistration notices ...
5 things you must know to avail secured loans for your businessBusiness owners need to appreciate that the collateral is only a risk mitigation mechanism for the lenders.
Jaiprakash Associates Q2 net loss narrowed to Rs 186.48 croreJaiprakash Associates' total income declined to Rs 871.71 crore in the second quarter of this fiscal from Rs 1,437.09 crore in the correspo...
Smart things to know about equitable mortgageSome state governments have made it mandatory to register equitable mortgages by filing a notice of intimation of an equitable mortgage wit...
RBI asks NBFCs to register mortgages with Central RegistryThe central bank has asked them to register all mortgages created in their favour on or after 31st March 2011 to check the fraud related to...
- Government approves changes in two banking laws for banks to recover dues and deal with non-performing loans
The bill will amend the SARFAESI Act and RDBF Act so as to strengthen the regulatory and institutional framework related to recovery of deb...
- Govt clears changes in laws to deal with bad loans
According to DFS Secretary D K Mittal, 4sections of the RDBF Act, 1993, and 6 sections of the SARFAESI Act, 2002, will be amended.
- NHB, Cibil to set up central registry of mortgaged houses
Home loan frauds are expected to drop sharply with the National Housing Bank and Cibil joining hands to set up a central registry of mortga...
- Central registry to end home loan frauds
Budget may contain provision for registry system that will avoid loan duplication.
- Home loan frauds up by a third
In ‘05-06, commercial banks reported 13,914 cases of frauds, involving a sum of Rs 1,381 crore.
- Minority politics knocks banks' door
RBI has asked cooperative banks to ensure that minorities get an 'equitable share of credit'.
- Banks to keep your title deeds in safe custody
You may have encashed your ESOP and dipped into your savings to clear your home loan, but getting back the title deed - the document that y...
- Should you take loan against property?
It’s now possible to get finance against mortgage of immovable property.
- Poll plaza: State budget pleases all
No new taxes, special regional financial packages for most of rural Maharashtra and a burgeoning fiscal deficit are the highlights of the s...