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Posted on September 13, 2023

RBI’s BIG MOVE to safeguard borrowers’ interest! Rs 5000 penalty on banks if property papers not returned on time after repayment

The Reserve Bank of India has nudged lenders to return property documents on time following the repayment of a loan. The country’s central bank has directed lenders to release the borrowers’ property …

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Posted on September 13, 2023

Return property documents within 30 days or pay fine of Rs 5000 to loan borrowers: RBI tells banks

The RBI made this announcement via a notification issued on September 13, 2023. Personal loans include any loans that involve collateral, like home loan, car loan or gold loan.

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Posted on September 13, 2023

Release borrowers’ property documents within 30 days of loan settlement or pay compensation: RBI

The Reserve Bank of India (RBI) has instructed banks and regulated entities to release original property documents and remove charges registered again …

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Posted on September 13, 2023

Russian President Putin praises ‘Make in India’ initiative; says it’s the ‘right thing’ to do

Putin made these remarks in response to a question on domestic-made cars and cited India’s model as an example for Russia to emulate.

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Posted on September 13, 2023

OPINION: Developed India needs reliable and quality power supply

It is crucial to ensure the reliability parameters are taken into consideration while installing, expanding or maintaining the systems such as segregation of supply hours for industrial and domestic …

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Posted on September 13, 2023

Navigating China’s Property Market

Summary A rebound in the Chinese property sector, spurred by the post-COVID reopening and government support, was short lived. The prospect of a broad recovery in 2023 seems unlikely due to high …

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Posted on September 13, 2023

How China’s property market crashed – and Xi Jinping’s radical plan to fix it

China’s property market was once seen as the locomotive of its economic growth – but now, it’s going off the rails. One of the country’s biggest developers, Country Garden, narrowly avoided default on …

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Posted on September 13, 2023

Iron Ore Declines as Data Shows China Property Concerns Persist

Iron ore fell for the first time this week as a lull in China’s property sector persists, with fresh data showing a recent spurt in home sales in its capital losing momentum.Most Read from …

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Posted on September 13, 2023

Ho Kwon Ping on China’s tourism rebound and property market trouble

Ho Kwon Ping, Executive Chairman of Banyan Tree Holdings says the current weakness in China’s tourism industry is just “a blip” and would definitely recover.

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Posted on September 13, 2023

China unveils ‘blueprint’ for Taiwan integration while sending warships around the self-ruled island

China on Tuesday unveiled a plan to deepen integration between the coastal province of Fujian and self-governing Taiwan, touting the benefits of closer cross-strait cooperation while sending warships …

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