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.
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 …
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.
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 …
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 …
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 …
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 …
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.
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 …
China’s evolving property crisis and stress test scenarios
Deterioration in the credit profiles of the largest and most leveraged of China’s real estate companies threaten to send the world’s second largest economy into a downward spiral. That has the …