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Don’t miss the latest developments in business and finance.
China realty developers plead for govt help to restore sales amid protests
Protesters have tried to disrupt home sales by chanting slogans and pulling down banners when developers open new projects, according to the letter.
Delinquencies have doubled amid Covid-19, says IMGC CEO Mahesh Misra
Higher loan-to-value transactions also have higher moratorium percentages. And people with poor credit scores have opted for moratorium compared to those who had no credit scores, he said
Blackstone's India mortgage lender may get out of small-builder business
The RBI seized control of Dewan Housing on Wednesday, stepping up efforts to contain the economic fallout from the nation's shadow banking crisis
Flurry of settlements over toxic mortgages may save banks billions
The $7.2-billion settlement with Deutsche Bank was a relief on Friday to its investors