Foreclosure charges are part of the fee income for any lender and adds to its bottom line
While the FSB appears sanguine that the exposure of commercial banks to shadow banking has been contained, and the latter is now being monitored, it remains outside the regulatory umbrella
The world of finance will be keenly watching the election results as the future seems uncertain given the current scenario
Business Standard analyses one family's finances and suggests a way forward
Micro prudential regulation of finance is essential
One of the biggest reason was that few large mortgage players returned to the market in the first quarter of fiscal 2019 after clarification that securitised assets are not liable to GST
The meeting will see participation from PNB, Oriental Bank of Commerce, Punjab and Sind Bank, Uco Bank, United Bank of India and Allahabad Bank
The fund will be sponsored by the India Infrastructure Finance Company and it will operate as a non-banking finance company