Tag: Economic Cycle

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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Lippo To Invest In Asia

June 24, 2008 – 1:25 am

Indonesian company Lippo Group declared that it is not discouraged by a slump in Asian property markets and increasing financing costs, and decides to invest ten billion dollar on projects and acquisitions over the next half decade. The group is aiming various kind of projects such as retail, residential, hospital and hotel projects, and also […]

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