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India Business News: Lenders have written to RBI seeking a reprieve for some segments from recent directions to prevent the evergreening of loans by routing funds to borrowers through alternate investment funds (AIF). This article discusses the concerns of lenders regarding the RBI's rules on AIFs and the practice of evergreening loans.
Budget 2024 Expectations Live News Updates: When the Finance Minister, Nirmala Sitharaman, presents her sixth consecutive Budget on February 1, it is anticipated that she will focus on boosting the rural economy and promoting consumption while managing inflation. Experts suggest that enhancing people's disposable income can contribute to increased consumption. Various strategies can be employed to achieve this goal, such as reducing the tax burden through adjustments to the standard deduction or tax slabs.
Experts are calling for an increase in the price cap for affordable housing in metro cities, from ₹45 lakh to ₹1 crore, to make homes more accessible.
Will this budget be a springboard for millions chasing the dream of affordable housing or a mere stopgap? Ahead of Interim Budget 2024, experts share their wishlist: tax breaks, fund boosts, and a vital industry status for real estate .
In a relief to home buyers, the Uttar Pradesh Cabinet has approved the recommendations of the Amitabh Kant committee report on real estate projects that include giving immediate possession and registry of the properties.Following the acceptance ...