foreclosureindia.blogspot.com
Foreclosure IndiaA blog following the latest News, Discussions about Foreclosures in India, The SARFAESI Act, The current and future trends of NPA's in India.
http://foreclosureindia.blogspot.com/
A blog following the latest News, Discussions about Foreclosures in India, The SARFAESI Act, The current and future trends of NPA's in India.
http://foreclosureindia.blogspot.com/
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https://foreclosureindia.blogspot.com
A blog following the latest News, Discussions about Foreclosures in India, The SARFAESI Act, The current and future trends of NPA's in India.
Foreclosure India: Banks must take firm steps to recover NPAs: FM
http://foreclosureindia.blogspot.com/2013/03/banks-must-take-firm-steps-to-recover.html
Tuesday, March 19, 2013. Banks must take firm steps to recover NPAs: FM. NEW DELHI, March 18, 2013, DHNS:. Soared to Rs 1.55 lakh cr as of Dec 2012. Concerned over the rising bad loans of public sector banks, Finance Minister P Chidambaram on Monday said the lenders must take firm steps to recover non-performing assets (NPAs) without hurting industry. Gross NPAs of PSU banks have risen from Rs 71,080 crore as on March 2011, to Rs 1.55 lakh crore as on December 2012. Chidambaram also said that as ...He, h...
Foreclosure India: Banks initiate crackdown on wilful defaultersTo recover dues from 50 top defaulters; finance ministry wants proceedings fast-tracked
http://foreclosureindia.blogspot.com/2013/03/banks-initiate-crackdown-on-wilful.html
Wednesday, March 27, 2013. Banks initiate crackdown on wilful defaultersTo recover dues from 50 top defaulters; finance ministry wants proceedings fast-tracked. March 26, 2013. Last Updated at 00:54 IST. Government-owned banks have started cracking the whip on wilful defaulters, with the finance ministry asking them to recover dues from the top 50 defaulters as the first step. Banks have been asked to furnish the information of the top-50 immediately. The ministry has also mandated banks not to provide a...
Foreclosure India: November 2010
http://foreclosureindia.blogspot.com/2010_11_01_archive.html
Thursday, November 25, 2010. Banks use ‘negative list' gambit to make defaulters pay up. K Ram Kumar - Business Line. To recover dues, bankers are trying to put the fear of God into obstinate defaulters to pay up. And how? By making it plain that they could get reported to the Credit Information Bureau, bankers have been able to achieve a modicum of success in recoveries. The ‘negative list' gambit is apparently working for banks. According to a senior Union Bank of India official, the bank's s...Accordi...
Foreclosure India: January 2011
http://foreclosureindia.blogspot.com/2011_01_01_archive.html
Tuesday, January 25, 2011. Higher bad loans still a worry for SBI investors. 24 Jan, 2011, 06.12AM IST, Jigar Desai,ET Bureau. State Bank of India. May have beaten average earnings estimates of Rs 2,578 crore of five broking houses and the ET Intelligence Group, but the latest quarter numbers signal that higher provisions for bad loans could well dent its profitability down the line. State Bank has written to the central bank saying that its dual-rate loans don’t fall under teaser-loan category....
Foreclosure India: September 2011
http://foreclosureindia.blogspot.com/2011_09_01_archive.html
Wednesday, September 28, 2011. Part prepayment = cheaper loan, less tenor. Bindisha Sarang - livemint.com. If you are worried about your increased loan cost, owing to continuous rate hikes, and you are expecting a bonus this Diwali or a lump sum from some other source, here is one way to put it to good use: prepay your home loan partly. Even those of you who are not expecting a lump sum can use the part prepayment tool by paying small amounts at regular intervals. Numbers tell the story. Proposed relief ...
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Foreclosure India
Monday, April 22, 2013. Bank-auctioned homes may be cheaper. Watch out for any unpaid dues, taxes and society bills the previous owner could have defaulted on. April 21, 2013. Last Updated at 21:27 IST. Shashi Nair, a Mumbai-based advocate, bought two houses in Chembur and Vasai in 2005 and 2010, respectively, through two different bank auctions. Nair purchased these properties from banks that opted to take recourse under Section 101 and the Debt Recovery Tribunal (DRT) Act. Ram Sangapure, general manage...
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5017 Live Bank Auctions. Buy properties at more than 25 % discount. 1,00,000 Auctions. 1000 Crores Worth Auctions. View Auctions By City. India Infoline Housing Finance Limited. House in Old Nallakunta. Union Bank of India. Commercial Property in Pondicherry. Union Bank of India. Residential Flat in Puliakulam. International Asset Reconstruction Company Pvt Ltd. 2 Wheeler in Annur. View All Free Auctions. Advantages of buying properties through Bank Auction. 100 % transparent transaction! Committed to pr...
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Foreclosure News | Foreclosure Defense | Foreclosure Attorney | Pre Foreclosure
August 09, 2015. Foreclosure News Foreclosure Defense - Foreclosure Attorney. Wall Street Working to Dismantle Provisions of Dodd-Frank. January 26, 2015. Even as we all want to forget about the recession and focus on the future, I am convinced that we need keep an eye on what’s happening with financial reforms, such as Dodd-Frank. Wall Street is working hard to dismantle provisions that were put in place to keep our financial system sound. Yes, the REPEAL. Of the restriction on derivatives trades. The F...