Brookfield-owned Sagen picks up 31% stake in IMGCThe proceeds will provide growth capital to the business and the proposed transaction will close after regulatory approvals.
28 Apr, 2022, 11.31 AM IST
Piramal Capital ties up with IMGC to offer home loans of Rs 5-75 lakhPiramal Capital & Housing Finance Ltd (PCHFL) has partnered with India Mortgage Guarantee Corporation to offer home loans ranging from Rs 5...
16 Mar, 2022, 03.17 PM IST
IMCG partners Muthoot Homefin for mortgage guarantee backed home loansIMGC is in partnership with Muthoot Homefin (India) Limited (MHIL) to offer mortgage guarantee backed home loan products to customers in th...
27 Jan, 2022, 02.42 PM IST
Clix Housing Finance partners with IMGC for mortgage guarantee-backed home loansIMGC is providing various surrogate products for self-employed customers like banking product, Low LTV product, assessed income product to ...
31 Aug, 2021, 01.37 PM IST
Home loan portfolios of many banks begin showing signs of stress“In June, the number of claims we are paying is nearly three times what we were paying in March 2020. So, in a 15-month period, the number ...
04 Aug, 2021, 07.01 AM IST
Covid impact: Job losses, pay cuts leading to surge in home loan defaultsIMGC guarantees 20% of the loan amount which covers EMIs for nearly two years. Once an account becomes a non-performing asset, the guarante...
19 Jun, 2020, 07.11 AM IST
Will 'guarantee' drive home loans after COVID-19?Lenders are exploring products to cover loans which are vulnerable to volatility in cash flows.
12 May, 2020, 10.04 AM IST
HFCs now seek to cover mortgagesBut there are sceptics who believe the cost structure may still be a hindrance.
11 May, 2020, 07.56 AM IST
LIC Housing Finance to offer home loans up to 75 yrs of ageThe housing finance industry is currently going through interesting times and large, stable lenders like LICHFL are ideally poised to lever...
05 Mar, 2019, 10.01 AM IST
SBI, IMGC sign MOU to offer mortgage guarantee backed home loanThe offering will help increase home loan eligibility up to 15 per cent within the regulatory norms, the State Bank of India (SBI) said in ...
19 Mar, 2018, 07.42 PM IST
India's 1st mortgage guarantee firm launches cover for Pradhan Mantri Awas YojanaThe product will allow home buyers under the project to extend the loan term up to 30 years and also allows seven years term extension beyo...
10 Mar, 2017, 12.15 PM IST
India’s first of its kind mortgage guarantee venture yet to take offIndia Mortgage Guarantee Corp (IMGC) was established in June 2012 and started business the next year.
15 Jun, 2016, 12.31 PM IST
ICICI ties up with IMGC to offer a mortgage-guaranteed home loan productICICI Bank has tied up with IMGC to offer a product that will enable individuals to borrow more by way of home loans and take a longer tenu...
27 Aug, 2015, 10.24 AM IST
SRK's 'Chennai Express' breaks records in Pakistan'Chennai Express' has grossed rupees 40 million, breaking all box office records in Pakistan's biggest city.
18 Aug, 2013, 07.43 PM IST
Shah Rukh Khan's 'Chennai Express' breaks records in PakistanShah Rukh Khan starrer "Chennai Express" has broken all box office records in Pakistan's biggest city after its release at the Eid weekend ...
18 Aug, 2013, 11.58 AM IST
- National Housing Bank, Genworth, ADB and IFC join hands to set up India's first mortgage guarantee company
NHB), Genworth, Asian Development Bank (ADB), and International Finance Corporation have come together to set up a joint venture mortgage g...
02 Jul, 2012, 11.06 PM IST
- 'Agent Vinod' banned by Pakistan censor board
A spokesperson for the Karachi- based Atrium Cinemas chain too confirmed that the movie would not be released on March 23 as it had been he...
20 Mar, 2012, 08.22 PM IST