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Loan Against Securities: 5 things to know [ad_1] 1.An LAS is a secured loan where financial securities are pledged as collateral to the lender to borrow money. 2.Securities include equity shares, mutual funds, life insurance policies, gold deposit certificates, National Savings Certificates, Kisan Vikas Patras, etc. 3.One can avail of loan value of around 50% to 90% of the securities ...

Bad loans worth Rs 10 trillion written off in last 5 years by banks: Govt Bad loans worth Rs 10,09,511 crore have been written off by scheduled commercial banks in the last five fiscals (2017-22), the Parliament was told on Monday. The nation’s largest lender, the State Bank of India (SBI) tops the list of ...

5 different kinds of home loans [ad_1] Home loan is a generic term used for long-term loans that are availed for purchasing a property—a house, land, apartment, extension of the house, etc. However, depending on the exact need for which the loan is required, the customer can avail of a loan that fulfills that particular need. Here are the different ...

Yes Bank completes transfer of $5.81 bn worth bad loans to JC Flowers Indian private lender Yes Bank said on Monday it completed the transfer of bad loans worth 480 billion rupees ($5.81 billion) to private equity firm JC Flowers, in a deal aimed at cleaning up its balance sheet. The deal, the largest sale ...

Down with entitled inheritors: 4 ways parents can inculcate sense of self in their children [ad_1] There was panic in her voice. This reader wanted to know what happens when debt was not repaid. I asked her who the lender was— an NBFC or bank? Neither, she said, these were informal money lenders. I had to tell her that she ...

HDFC raises home loan rates by 35 bps, effective from December 20 Mortgage lender HDFC has hiked its home loan rates by 35 basis points (bps), effective December 20, the company said in a statement on Monday. Now, the home loan rates for HDFC will start from 8.65 per cent for credit scores of 800 and above. ...

HDFC Lending Rates | HDFC Home Loan: HDFC hikes lending rates by 35 bps; your home loan EMIs to increase [ad_1] Home Development Finance Corporation Ltd (HDFC) has hiked its Retail Prime Lending Rate (RPLR) by 35 basis points with effect from December 20, 2022. HDFC home rates to start from 8.65 % onwards for credit score of 800 & ...

RBI imposes Rs 2.66 crore penalty on Bank of Bahrain & Kuwait BSC The Reserve Bank on Monday said it has imposed a penalty of Rs 2.66 crore on Bank of Bahrain & Kuwait BSC, India operations for non-compliance with directions on cyber security framework. In a statement, the Reserve Bank of India (RBI) said ...

Investment lessons we can learn from FIFA World Cup 2022 [ad_1] ET Now’s Stacy Pereira lists down the tips to invest, from the performance of winners Argentina and other teams, as well as players like Lionel Messi. [ad_2]

Liquidity slips into deficit; RBI cash injections at over one-month high Liquidity in the banking system has slipped into a deficit for the first time in three weeks, prompting banks to borrow the largest quantum of funds from the Reserve Bank of India (RBI) in around a month and a half. The key catalyst for ...