Cash flood: ICICI, HDFC Bank cut FD rates by 0.25%

Cash flood: ICICI, HDFC Bank cut FD rates by 0.25%

Faced with liquidity comfort, major lenders, including ICICI and HDFC Bank, on Thursday lowered FD rates by up to 0.25 per cent in view of surge in
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Demonetisation: Normal banking operations suffering, says bank unions

New Delhi: Normal banking operations such as cheque clearances and loan disbursements are suffering as most of the staff has been pressed in for
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Stonegate Mortgage Corporation (NYSE:SGM) Analyst Summary

Stock market analysts and brokers have recently amended their target prices … financing and servicing the United States residential mortgage loans.
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FI Navigator Provides Ensenta with Digital Banking Intelligence on More Than 10000 U.S. …

ATLANTA–(BUSINESS WIRE)–FI Navigator announced that Ensenta, a provider of enterprise-wide, real-time SaaS solutions for mobile and online
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Revealed: Here are the Politicians who Control Lebanon's Banking Sector

This paper explores the extent to which local commercial banks in Lebanon are linked to the country's political class, and how this impacts their
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How Brexit just ignited the US housing market

How Brexit just ignited the US housing market. – by New Deal democrat. As I've updated in the “long leading indicator” post below, as of this morning
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New York Mortgage Trust, Inc. (NASDAQ:NYMT) Analyst Summary

Stock market analysts and brokers have recently amended their target prices … Its investment portfolio includes residential mortgage loans, including
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Mortgage rate surge: Is it too late to leap?

In this May 24, 2016 file photo, a “Sold” sign is placed front of a house in Andover, Mass. Homebuyer are being asked to be patient as mortgage rates
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Tech start-up SRS Fin Tech Labs launches peer-to-peer lending platform

It connects borrowers and lenders online and acts as a facilitator. It is a Peer-to-Peer Lending (P2PL) and Peer-to-Peer Investing (P2PI) platform.
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Company's lending practices are causing Baltimore foreclosures, critics say

Above: Councilman-elect John Bullock speaks out against Oaktree Capital Management's practices in Baltimore. At left Roxie Herbekian and (in red
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European Commission Sets Up Fintech Task Force to Address Banking Sector

The European Commission has set up a Fintech Task Force in response to the effects of digital innovations in the banking sector. The Task Force is
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Gross mortgage lending £20.6 billion in October

Gross mortgage lending held steady in October and was an estimated £20.6 billion, according to the Council of Mortgage Lenders. This closely
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Bankers celebrate dawn of Trump era

The Dodd-Frank financial reform law that bedeviled the industry for years and cost banks untold billions could soon get burned to the ground.
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Barclays and other UK banks pull out of the Windows store

Windows Phone has never had mich luck with Banking apps in the US. with many Windows, phone users in the US lacking either explicitly support
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Couples spend 21% of after-tax income on mortgage

One fifth of a working couple's combined post-tax income is needed to pay the mortgage on their first home, according to a new study. The EBS DKM
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OpenTap offers lending support for low, middle income groups

OpenTap, a Chennai-headquartered start-up focusing on alternate lending segment, promises to arrange finance for people in the low and
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Seattle's housing market hits top spot

Redfin's market report is out with a reminder of how hot Seattle's market is, especially when compared to the rest of the country. More than two-thirds
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Local housing market continues strong year

York County's housing market wasn't quite able to continue its five-month streak of at least 500 homes sold, but its streak of year-over-year home sales
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Wells Fargo, HSBC: Interest Rates for Home Mortgages Nov 17, 2016

Standard 30 year fixed rate mortgage interest rates have been offered at 4.250% at Wells Fargo (NYSE:WFC) today and an APR of 4.275%. The best
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Mortgage rates spike, Freddie Mac survey says

Fixed rate mortgages moved higher for the third straight week in the latest Freddie Mac survey, spiking after the post-election selloff in the Treasury
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