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NHB LAWS
RBI dissolves Aviom Housing board, to initiate IBC processThe regulator has appointed Ram Kumar, a former chief general manager at Punjab National Bank, as the Administrator. The regulator also pla...- DHFL resolution: Lenders approve Piramal's bidThe "resolution plan submitted by Piramal Capital and Housing Finance Limited was duly approved by CoC by majority voting under section 30(...
- DHFL lenders are planning fresh bids with revised termsEven though the four bidders – Oaktree Capital, Adani Properties, Piramal Enterprises and SC Lowy — are yet to receive any official communi...
- GST laws review: Focus on decriminalising offences and wider use of compounding provisionsThe government is evaluating removal of clauses in the law that provide officers powers to arrest taxpayers suspected of evasion.
- Decriminalisation of minor offences to improve ease of doing business, say expertsThe finance ministry on Wednesday proposed to decriminalise minor offences, including those relating to cheque bounce and repayment of loan...
- Forensic audit finds no fraud, fund diversion at Reliance Home FinanceLenders of the company had appointed Grant Thornton for the audit, as required under the RBI guidelines.
- DHFL administrators get Rs 1.2 lakh crore claimsWhen the tribunal admitted the RBI’s plea, DHFL owed over Rs 83,800 crore to banks, the National Housing Board (NHB) , mutual funds and bon...
- DHFL promoters gave personal guarantees to Rs 80,000-crore loansA DHFL spokesperson declined comment on the guarantees given by the promoters.
- DHFL promoters gave personal guarantees to Rs. 80,000-cr LoansDHFL became the first financial services company on Monday to be admitted to the bankruptcy courts after the rules were changed last month....
- Govt may set up Rs 20,000-cr fund for stalled non-NPA housing projects in 45 daysIndustry representatives demanded one-time loan restructuring of developers and changes in insolvency law to have maximum benefit from this...
- NHB's move to ban subvention scheme must be withdrawn: CREDAICREDAI President Satish Magar demanded that interest rate on home loan be brought down to 7.5 per cent to boost housing demand.
- Budget 2019: Government to continue with its thrust for affordable housingThe FM said that several reforms would be undertaken to promote rental housing, current rental laws are archaic as they do not address less...
- Why 2017 is the best year to buy affordable housesWith the inclusion of LIG and MIG in the affordable housing, government is matching aspirations to resources to create an ecosystem fuelled...
- Union Budget 2015: Government to set up Rs 20,000 crore infrastructure fund, auction projects with clearancesFM Arun Jaitley said that he also intends to permit tax free infrastructure bonds for the projects in the rail, road and irrigation sector.
- New NHB laws will help companies like Indiabulls Finance: Nikunj DalmiaNew NHB laws will help a housing finance company like Indiabulls because that will now release about 2 to 3% of tier one capital for India ...
- Don't club us with MFIs, NBFCs to tell Malegam panelThe Finance Industry Development Council has sought a meeting with the Malegam Committee to move the point that NBFCs are different from mi...
- Cibil's mortgage database to keep tabs on borrowersDodgy borrowers who fool banks by mortgaging the same property several times are in for trouble. A mortgage repository, that will serve as ...
- End of the road for home loanWith NHB insisting that customers get fair advice before finalising home loan deals, lenders will have to now hire certified mortgage couns...
- Senior citizens can now afford to retirePayout from reverse mortgage scheme to be treated as 'loan' & not 'income' in the hands of borrower.
- Land titles in best seller listRural India can have more homes now, given a higher allocation for the Indira Awas Yojana (IAY) and a 25 basis point cut on refinance by Na...
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