India Finance News

Ujjivan, one of India’s leading urban poor-focused microfinance institutions, raised USD 25.5 Million equity funding. Two new FIIs, FMO (Netherlands Development Finance Company) and Wolfensohn Capital Partners, and existing investors participated.

Netscribes (India) Pvt. Ltd., launches a report on the Financial Brokerage Market in India 2012 as part of Netscribes’ Financial Services report series.

Godrej Properties Ltd, the real estate development arm of the Godrej Group and ICICI Bank, India‟s largest private sector bank, signed a Memorandum of Understanding (MOU) on extending their projects and financial services to customers in

Minerva HR Suite will be implemented at one of India’s leading microfinance company, India Finserve Advisors(IFAPL). This will be an end to end suite offerings in Minerva SAAS (Software as a Service) model.

The new office was inaugurated by Mr. Narsimha Reddy, District Transport Commissioner, Ananthapur in the presence of Mr. Dhrubashish Bhattacharya, Vice President, Magma Fincorp Limited and other dignitaries and company officials

A100% Practical programmes, wherein the candidates work on their own laptops on Excel and Power Points doing valuations, preparing pitch books, building equity research reports, etc. They prepare financial models right from incipient stage

Shriram Transport Finance Company Limited, today, launched Shriram Automall in Gurgaon. Mr. Bhupinder Singh Hooda, Hon’ble Chief Minister, Haryana, who graced the occasion, inaugurated Shriram Automall in Gurgaon today

The initiative will help organizations regain their momentum and understand the customer centricity. Understanding customer wants, needs and expectations are decisive to the success and growth of the organization.

Marketers and market-makers in the financial services industry have for years salivated at the great Indian opportunity for growing the credit cards market.

Credit-card issuers are increasingly turning into financial counsellors. Come January quarter, SBI Cards, a standalone credit-card company co-promoted by India's largest state-owned bank, plans to launch ‘customised statements'

The book also contains TEXT of Lokpal & Lokayuktas Bill, 2011 and Right of Citizens For Time Bound Delivery of Goods And Services And Redressal o their Grievances Bill, 2011.

Mahindra & Mahindra Ltd. (M&M), India’s leading SUV manufacturer signed a Preferred Financier agreement with Bank of India (BoI), one of India’s largest public sector banks with 106 years of banking history.

The banking sector, reeling under a rise in non-performing assets (NPAs) from the corporate sector, is seeking to hedge loans to individual borrowers. Increasingly, borrowers are being asked to buy insurance policies to cover their loans.

Give a thrust to your credentials and a realistic push to your career in Finance with Wall St. Training, India’s certified program on Investment Banking, Research and Valuation.

This may soon be true for postpaid connection users. The next time you delay or not pay your phone bill you may have to deal with more than just a call from your service provider reminding you about the dues.

Silver ETF is a method of investment where the investment is done by investing in Silver without actually buying it. It is similar to the share or stock purchase operations.

Netscribes (India) Pvt. Ltd. launches Corporate Bond Market in China 2012 report covering a market with strong growth potential. The report is part of Netscribes’ Financial Services Industry Series.

Ujjivan, one of India’s leading urban poor-focused microfinance institutions, raised USD 25.5 Million equity funding. Two new FIIs, FMO (Netherlands Development Finance Company) and Wolfensohn Capital Partners, and existing investors participated.

Short term loans bad credit has been designed for the people who are suffering due to past debts. The documentation needed is not time-consuming and you can simply apply with the help of an online form.

The Coimbatore realty market's growth momentum is next only to that of Chennai and Hyderabad in the South, and ahead of other tier-two cities in the region, according to a senior executive of HDFC Ltd, the market leader in home loan lending.

Netscribes (India) Pvt. Ltd., launches a report on the Financial Brokerage Market in India 2012 as part of Netscribes’ Financial Services report series.

RBI, has slashed the cash reserve ratio (CRR or a portion of deposits banks have to keep with the RBI) by 0.5 per cent to 5.5 per cent, signaling the reversal of the rate hike cycle after nearly two years, and to give a push to growth.

All those homeowners, who are struggling with their mortgage payments or facing foreclosure, should not deal directly with their lenders for their loan modification.

A valuation multiple is simply an expression of market value relative to a key statistic that is assumed to relate to that value.

HDFC Bank, the second-biggest private lender, reported a 31% jump in quarterly earnings aided by profits from treasury operations and higher lending for automobile purchases and personal loans.

The 2nd edition of the book has been completely revised & includes two new topics - private equity, and transactions comps. This book tries to fulfill an important need as a valuable training material and reliable handbook for finance professionals.

LIC housing finance loans schemes features initiated by the LIC have a lot of benefits as well as the advantages to the loan borrowers. It is suitable loan scheme for low and middle class people of India to have their own home,

The year 2012 has begun with catastrophic affect for the rupee. It was Rupees 43.96 against a dollar in the July 2011 and now for $1 it is Rupees 54.3. Rupee hits all time low in January 2012.....................

NRIs too can avail home loans for purchase of residential properties. NRI’s can purchase a house and even take a loan for self-construction on a plot and also for renovation/improvement of an existing residential property in India.

what the central bank might do to rates shortly, and pat comes his considered response about repo rates. And about what the BoI will likely do in response. In an interview, he holds forth on the bank’s future plans and the path ahead

SBI has cut processing fees on home loans by half, a move expected at acquire a bigger tart in the home loan market and giving competition to private banks and housing finance companies.

Sen said he expected India's central bank to announce "some policy measures" in coming months that would help boost economic growth and kick-start demand for cars. "The current quarter and the next fiscal year should be better," SIAM senior

Bankruptcy is a situation wherein a business organization becomes insolvent. This insolvency comes with a lot of troubles, whereby the company is forced to liquidate all the assets so as to be able to pay off the unpaid debts.

HDFC has extended its special home loan scheme till January 31 on Monday. The extension comes as demand for home loans remains declining in spite of the discounts and festival season offering given out by various lenders over the past few months.

The Institute of Chartered Accountants of India have adjudged Shriram Transport Finance Corporation Ltd. as the winner under the Category V-Financial Services Sector (other than Banking and Insurance) of the ‘ICAI Awards for Financial Reporting’.

Bankruptcy attorneys take into account the income and expenses of their clients and accordingly draft a plan of action for relieving them with debts. Before all the dealings are initiated by these attorneys

State Bank of India has cancelled a proposed merchant acquiring business joint venture with US-based Elavon Incorporation and Visa International.

Year-end discounts saw car sales end 2011 on a modest note as most of the companies, except for market leader Maruti Suzuki, saw numbers go up in December.

Cars makers offered healthy discounts on passenger cars ranging from Rs. 60,000 to Rs. 70,000 in the last month of 2011 to pull maximum buyers.

There were days when one used to buy a home only with your savings.In these days most homes are bought with the help of Housing loans. Banks whether they are public sector or private sector, do lend in this segment.

RE/MAX Mumbai-Gujarat-Maharashtra wins 5 awards at RE/MAX Realty Rendezvous, a celebration of the New Age Broker of India.

In year 2011, RBI kept increasing rates till Nov and just by the year end, they gave signals that rates may come down. So in year 2012, here is what we expect in the loans market.

Festive offers on loans are continue for the next couple of months. PSU banks offering housing and auto loans at discounted rates under their festival campaigns that began in September, have decided to extend the discounts beyond December 31.

Tax relief lawyers are well versed with all kinds of tax issues & procedures and are capable of representing client’s problem systematically in front of the IRS officer.

Online gifting Portal, Gifts2IndiaOnline.com has brought out a range of Valentine flowers. People from abroad can send exotic flowers as Valentine gifts to India through this portal.

Increased rural expenditure, from livelihood expenses to lifestyle expenses, often exacerbates the debt situation for several individuals. Pending tax payments to the IRS can cause a lot of problems than affect the daily life of these individuals.

Lending by Indian banks to the housing sector increased by 14% to Rs369,900 crore at the end of October 2011 from Rs324,748 crore at the end of 2010. It had risen by 12% in October 2010 over the previous year, according to data from the RBI.

Acquiring a personal loan is intended for financing is intended for financing and managing a person’s financial needs. For taking finance, a person may apply for a loan or a credit card to purchase shares or any asset like home, vehicle etc.

The government has quadrupled the limits on loans that a bank's internal committee can approve, a move that could quicken credit clearance at 26 state-run banks, including the Bank of Baroda and PNB.

There are several individuals who owe huge amount of money to the IRS. IRS stands for Internal Revenue Service, which is one of the largest tax collection agencies across the globe.

Pledging gold has traditionally been glower upon. Only those in terrible need would go to the moneylender or the local jeweller, get stiff terms for the loan, and yet have no other choice but to settle for it. Socially, vow gold signified

Barclays Finance India, plans to close the majority of its branches here, as part of the lender's plan to scale down retail operations in the country. The number of branches would be reduced to a 'single digit' from around the current 30.

Floating rate home loans, which did not reflect market rates when they fell, would now become more faithful to their name. With all major lenders discontinuing prepayment charges on floating rate loans, including those refinance

You don’t need to provide documents and collateral for to up loans. The tenure of a top up loan can be as long as the outstanding tenure of the home loan. This will help you to reduce your overall cash outflow.

The rapidity of expansion in home loans is on the decline after for a short time gaining momentum in mid-2011. High interest rates on housing loans are indeed larceny home buyers, forcing them to postpone investment decisions.

ICICI Bank and American Express launched a platinum credit card christened as Rubyx in partnership, a company engaged in the credit card and travel services and MasterCard, the payment gateway provider.

Everyone has their own reason for refinancing, but usually to save money or take cash out. Refinancing your home loans can be an excellent way to manage your debt load, reduce stress and save yourself a lot of money.

At a time when interest rates on home loans are hovering around 11-14 per cent, realty firm BPTP has ties-up with HDFC to finance new purchases of houses at just 5.99 per cent for a limited period till December 31.