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Page 12 - நகர்ப்புற கிராமப்புற வளர்ச்சி News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Loan curbs rein in fund overflows into realty--China Economic Net

China has made a start in reversing excessive capital flows into the real estate market, with the top banking and insurance regulator s measures to rein in funneling of business loans into property financing bearing fruit.   Property lending portfolio of lenders increased by 10.5 percent on a yearly basis by the end of April, with the growth rate hitting an eight-year low, said Liang Tao, vice-chairman of the China Banking and Insurance Regulatory Commission, at a news conference on Tuesday.   The country s top banking and insurance regulator, together with the Ministry of Housing and Urban-Rural Development and the People s Bank of China, took measures to prevent business loans from flowing into the real estate sector by requiring banks to strengthen borrower qualification verification, credit demand verification and the administration of intermediaries.

Clean up your space campaign has reached its peak

Clean up your space campaign has reached its peak ANI 29 May 2021, 00:03 GMT+10 Moscow [Russia], May 28 (ANI): Urban Rural Development and Capacity Building Project, Hlahla Consulting and SM Ntaba Holdings announce that their winter drive that was launched a month ago has become the talk of the town. The representatives of the Clean Up Your Space Campaign are grateful to Capetonians who have opened up their hearts and responded to the call. As a result, they managed to collect more than 260 bags full of clothing and other household items donated by generous South Africans from various cultural backgrounds, reports TV BRICS, Russia.

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