The Press Release Resource

CEOs of large commercial banks will seek the support of the Reserve Bank of India to secure a government guarantee for education loans. They plan to raise this issue on Monday when chiefs of large commercial banks are slated to meet RBI governor D Subbarao, a fortnight ahead of the monetary policy review due on …

Homebuyers need to plan their finances before they go in for a housing loan, Buying a housing property is a very big financial commitment on the personal front. Attractive and aggressive home loan schemes coupled with tax incentives has made it easier for younger people to invest in housing properties. Buying a housing property and …

HDFC chairman Deepak Parekh said on Friday India’s largest home loan company might spin off some of its non-subsidiary unlisted investments into a special purpose vehicle to unlock value. In an interview to a news channel, Parekh said the book value of the half a dozen or so investments, including those in infrastructure finance firm …

State Bank of India (SBI) chairman, said the bank is looking at tapping the retail bond market next year with a 10-year issue, although the initial issue size may be as small as Rs 50-100 cr. “If it turns out well, we may think of raising more money through this route. But we do not …

Flush with the success of its first-ever launch of a residential project, Logix Group is launching Phase-2 of its cyber park in Noida in end-March. Krishna Kumar Mangalam reports After the launch of its first residential project, Blossom County in Sector 137, Noida last month, Logix Group is back to what it does best – …

Mumbai A residential apartment, covering an area of 1,850 sq ft, was leased out in the plush Altamont Road area for a rental value of Rs 275,000 per month. The location has been commanding an average rental value of Rs 2, 00,000-3, 50,000 per month for mid-segment residential units and has remained stable over the …