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HOUSING FINANCE RACKET
Sanjay Raut accuses ED men of extortion; I-T raids on Thackeray, Parab aidesOn Tuesday, Raut submitted a list of names of people and firms raided by the ED. After being probed, they allegedly invested crores of rupe...- Housing finance racket a bribery case, not large scam: GovtGovt said the housing finance racket unearthed by CBI, leading to the arrest of the CEO of LIC Housing finance is a bribery case and not a ...
- Don't press panic button, your money is safe: FM to investorsFinance Minister Pranab Mukherjee today asked investors not to press panic button over the housing finance racket as the loans were protect...
- CCI examining 11 complaints against realtorsCCI is examining complaints against few realty cos pertaining to anti-competitive practices, close on the heels of CBI unearthing a scam.
- Loan scam: 11 real estate companies under our scanner, says CCICompetition Commission of India looks into violation of anti-competitive practices and abuse of dominance by corporates.
- Now, CBI probes PSU banks' debt write-offsThe agency is looking at whether the one-time settlements these government banks entered into with borrowers in the recent past were meant ...
- H-F racket a case of bribery; cannot be called scam: CREDAIRealty body CREDAI on Sunday termed the recent housing finance racket as a case of 'bribe and kick-backs for loans' and said the case canno...
- E&Y for lending mechanism overhaulLeading financial consultancy Ernst & Young has called for measures to strengthen the bank lending system that is hit by a housing finance ...
- LIC investors won't lose single paise: Pranab MukherjeeFinance Minister assured investors that they would not lose any money because of the housing finance racket involving LIC HF CEO & some top...
- No directions to public lenders to cut real estate exposure: FinminThe Government said it has not directed public sector banks to cut exposure in real estate following the housing-finance bribery scam.
- LIC 'very strong'; law to deal with officers charged by CBI: CMDLIC said the organisation is "very strong" and the housing finance racket involved only individual officers who will be taken care of by th...
- Govt may tighten regulatory norms to deal with scams: KhurshidThe government said it would look at the possibility of strengthening regulatory mechanism to prevent incidents like the housing finance ra...
- Loan racket a bribery case, can't be called a fraud: CBIThe CBI had yesterday sought explanation from private companies who benefited from the alleged cross-country housing loan racket.
- ED to launch probe into housing scamThe Enforcement Directorate will launch a probe into the housing loan scam unearthed by the CBI to check possible money laundering.
- Borrowing will costlier, banks will more cautious: JLLIn wake of housing finance scam coming to light borrowing could become dearer and banks would turn extra cautious with realty developers, s...
- IT dept to look into loan bribery case: FinminThe government today said the income tax department would look into the tax issues relating to the housing loan scam racket.
- Housing finance racket not to hit lending to real estate: SBIState Bank of India said the housing finance racket, involving CEO of LIC Housing Finance and several senior bankers, will not hit disburse...
- Housing finance racket a "very small" incident, says MontekThe plan panel on Thursday termed the housing finance racket, involving the chief of LIC Housing Finance and several other officials of PSU...
- Housing scam: Finmin looking into possibility of dept inquiryFinance Ministry said it would explore the possibility of instituting a departmental inquiry into the housing finance racket.
- Housing scam: Finmin looking into possibility of dept inquiryFinance Ministry said it would explore the possibility of instituting a departmental inquiry into the housing finance racket that led to ar...
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