Tag: Commercial Loans

Bank loans for hospitals and hotels are not commercial

January 9, 2009 – 1:46 am

Loans extended by banks to hotels and hospitals may no longer be treated as commercial real estate category. The Reserve Bank of India revised norms on real estate exposure where it included loans extended against security of future rent receivables from commercial real estate exposure. The revised norms will not immediately impact banks’ balance sheet. […]

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Property Loans Default

May 24, 2008 – 4:40 am

The number of commercial property loans in default has soared 400% in just 1years, according to a report. The study of bank lending to the commercial property industry illustrates that while the amount lent continued to rise in 2007, nearly four hundred loans slipped into default, up from fewer than eighty in 2006. Although the […]

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