A homebuyer lost a case in the Allahabad High Court after discovering unpaid water and RWA maintenance bills on a property bought via bank ...

The Supreme Court wants the Finance Ministry to check the SARFAESI Act. The court feels some rules are unclear. These unclear rules are cau...

The West Bengal Real Estate Appellate Tribunal has upheld a ruling that prevents Yes Bank from taking possession of nine flats in New Alipo...

Banks implement measures to enhance DRT efficacy. Reviews of advocates' performance, officer presence at hearings, and changes in regulatio...

In an e-auction sale notice, Yes Bank said it took physical possession of the immovable properties mortgaged to it on August 29, 2020 pursu...

The Chennai-based lender had returned to black, registering a net profit of Rs 144 crore in the January-March quarter of the fiscal ended M...

The private bank on July 8 will auction properties owned by Essel Infraprojects in Mumbai. It has also put under the hammer properties owne...

The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (Sarfaesi) Act, 2002, allow banks and financ...

Many NBFCs were unable to dispose of immovable property of defaulter borrowers fast enough even after filing the case under Sarfaesi and re...

The seven-storey property, BPL Center, located on Manmala Tank Road in Mumbai’s Mahim area, is being auctioned with a reserve price of ₹134...

"There were lot of enquires for the property from buyers but none of them deposited the bids in today's auction," said a banker.

Lenders had put on sale the airlines' trademarks which included it's famous tagline Fly the Good Times, the Kingfisher logo, Flying Models,...

At a time when several banks are reeling under high levels of loan defaults, rural lenders are showing how to rein in bad loans.

Earlier, Kolkata-based tobacco to hotel conglomerate emerged as the highest bidder of the property in February last year with an offer of R...

Kingfisher Airlines faces a probe by the Serious Fraud Investigation Office (SFIO) into its allegedly 'inflated' brand valuation of over Rs...

The maiden attempt by SBI, which has been fighting a long battle to contain bad loans, to dispose of distressed properties through an e-auc...

Securitisation law changes to allow banks 'buy' property seized from defaulting borrowers.