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REVERSE MORTGAGE FOR SENIORS
India’s senior living market could become a $10.1 billion opportunity by 2030The senior living market in India is expected to blossom, with projections indicating it could reach USD 10.1 billion by 2030. This growth ...09 Sep, 2026, 01.36 PM IST- US Treasury to double long-dated debt buybacks to battle surging yieldsThe US Treasury will double its buyback operations for long-dated government debt. This move aims to provide liquidity and ease rising bond...19 Aug, 2026, 11.44 PM IST
- How reverse mortgage can help those hit hard by Covid pandemicLaunched in 2007, the reverse mortgage product was meant to have a far-reaching impact on our senior citizen population’s financial indepen...21 May, 2021, 02.15 PM IST
- Should a senior citizen opt for reverse mortgage to get regular income?Reverse mortgage enables senior citizens to convert their one big asset —their home—into a source of regular income without giving up owner...05 Aug, 2019, 10.54 AM IST
- Reverse mortgage: Tax breaks for seniors on the houseNow, the annuity income from a reverse-mortgage loan will become tax-free. The government has also scrapped the restriction of a 20-year an...22 Oct, 2013, 06.43 AM IST
- Reverse mortgage: Key to secure golden yearsVikas Vasal, executive director, KPMG says that reverse mortgage can address the financial needs of senior citizens.10 Dec, 2009, 03.56 AM IST
- House Proud: Elders refuse to buy reverse mortgageReverse mortgage, a popular model allowing senior citizens to take money out of their homes, is failing to find an abode in India.26 Jul, 2009, 03.39 AM IST
- LICHFL hopes reverse mortgage scheme to be beyond 20 yrsWith the new UPA Government expected to give a push to economic reforms, LIC Housing Finance Ltd (LICHFL) hopes the Centre would resolve so...07 Jun, 2009, 01.39 PM IST
- NHB in talks with insurers to restructure reverse mortgageNational Housing Bank (NHB) is in talks with leading insurance companies, including Life Insurance Corporation of India (LIC) to restructur...11 Dec, 2008, 08.35 PM IST
- UBI set to launch reverse mortgage scheme by AprilFollowing the budget announcement that income received on reverse mortgage would not be taxed, public-sector lender Union Bank of India pla...23 Mar, 2008, 04.30 PM IST
- Reverse mortgage mart to triple to $113 bn by 2015: StudyThe reverse mortgage market is expected to grow owing to the rapid growth in the senior citizen population in India.16 Mar, 2008, 11.01 AM IST
- LIC Housing to combine reverse mortgage with insurance planLIC Housing Finance is looking to combine its reverse mortgage plan with a whole-life annuity provided by a life insurer. Investment option...29 Feb, 2008, 07.00 AM IST
- SBI unveils reverse mortgage products for senior citizensState Bank of India (SBI) has become the first bank to introduce a reverse mortgage products for senior citizen after guidelines were issue...11 Oct, 2007, 03.53 AM IST
- Reverse mortgage: Ticking bomb for senior citizens?Reverse mortgage payments will be considered a loan and not an income for tax calculations. But this class of housing finance is unlikely t...05 Sep, 2007, 01.03 PM IST
- Senior citizens can now afford to retirePayout from reverse mortgage scheme to be treated as 'loan' & not 'income' in the hands of borrower.30 Jul, 2007, 04.34 AM IST
- Reverse mortgage may also find home on country roadsOld age may no longer be a curse for those who own agricultural land but no strength to till it.21 Mar, 2007, 01.54 AM IST
- ICICI Bank keen to foray into reverse mortgageICICI Bank is keen to enter the reverse mortgage business once the guidelines are laid out, a top bank official said.11 Mar, 2007, 11.25 AM IST
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