SBI and ICICI Bank cut lending rates

SBI and ICICI Bank cut lending rates

Top two lenders in the country, State Bank of India (SBI) and ICICI Bank, today announced a cut of 0.15 per cent and 0.10 per cent in their lending
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Banks Asked To Use Banking Correspondents For Atal Pension Scheme

The objective of the government's flagship Pradhan Mantri Jan Dhan scheme is to provide banking facilities to the unbanked, not only banking
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Denver Real Estate Market Trends Report

Check out the most recent Real Estate Report for Denver, Colorado.
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DBRS Confirms Rating on BPL Mortgages SRL, Series V's Class A-2012 Notes, Assigns Ratings to …

DBRS Ratings Limited (DBRS) has assigned new ratings to the following notes issued by BPL Mortgages S.R.L., Series V (Issuer): –EUR 995,100,000
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Development bank EBRD to shake up top positions

[LONDON] The European Bank for Reconstruction and Development (EBRD) is set for a major shake-up of its top management including giving bigger
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Britain's 'art lending library' finds four new homes

Founded in 1946, the collection acts as “the nation's art lending library”, making nearly 8,000 works by more than 2,000 artists available for loan to
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Douglas Elliman CEO Jay Parker on the state of Miami's housing market

Douglas Elliman recently released its latest quarterly market report, and we were able to ask Jay Parker, CEO of Douglas Elliman Florida, a few
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Transactions: Meridian's $8.1M mortgage in Manhattan, Hunt's $3.8M loan in Tampa

A new mortgage in the amount of $8,100,000 on a five-story, 41-unit multifamily property located on West 139th Street in New York, NY. The loan
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Mortgage application process to get easier

Loan officer Jeff was so excited that I could have flown home on a cloud after learning about upcoming borrower opportunities at the annual Mortgage
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Sandler: Rural lending's best-kept secret

It also provides loan guarantees to traditional lenders who make home loans in underserved rural areas. Another well-kept secret is that the USDA
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World Reuters: Moldova to vote for new president as banking scandal festers

CHISINAU – Moldovans go to the polls on Oct. 28 in a presidential race that could propel a pro-Russian Socialist candidate to power after disclosure
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Federal Reserve Watch: Bank Excess Reserve Continues To Decline

The Federal Reserve continues to oversee a decline in commercial bank reserve balances with Federal Reserve banks, apparently in preparation for
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The housing market has a Halloween spirit

Homes Gingerbread(1) In keeping with the ghoulish spirit of the upcoming Halloween holiday, real estate research company Attom Data Solutions
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Analysts Update Their Price Target On Ally Financial Inc. (NYSE:ALLY)

10/27/2016 – Ally Financial Inc. had its “buy” rating reiterated by analysts at … Finance operations, Insurance operations and Mortgage operations.
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The Benefits of Credit Counseling for Homebuyers

It's usually the biggest financial transaction of a person's life, and often involves taking out a mortgage to pay for the new digs. Paying off such a large
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Mortgage Firms Warned About HMDA Noncompliance

Dozens of mortgage bankers and mortgage brokers have been warned that they might not be in compliance with Home Mortgage Disclosure Act of
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The cost of the Fed's scare story on commodities

What is different this time is the unwillingness of the large banks to increase their lending against commodities collateral. This is likely to lead to much
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Third Federal enjoys record profits as mortgage market strengthens

The Cleveland-based bank said it earned $80.6 million for its fiscal year that ended Sept. 30. That's up 11 percent from last year's $72.6 million, and
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A.M. BestTV: Positive News in Housing Market Helps Bolster U.S. Title Sector

OLDWICK, N.J.–(BUSINESS WIRE)–In this A.M.BestTV episode, A.M. Best's Stephen Ruane, senior financial analyst, and Connor Brach, associate
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Ottawa will continue to monitor housing market: Finance Minister Bill Morneau

TORONTO – Federal Finance Minister Bill Morneau says Ottawa will continue to act to make sure that an increase in interest rates or a downturn in
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