April 28, 2012 – 11:26 am
ICICI Bank, India’s No. 2 lender, posted on Friday a larger-than-expected 31 percent rise in quarterly profit and forecast a higher growth rate for domestic loans and stable asset quality for the coming year. Loan demand in India is expected to pick up after the central bank last week cut its benchmark lending rate for […]
Real estate major Parsvnath Developers may soon be able to reduce a significant chunk of its debt, thanks to certain corporate giants showing interest in buying a prime piece of property it owns in the national capital. The Sahara Group is engaged in discussions with Parsvnath to buy its commercial land near Connaught Place in […]
August 11, 2010 – 11:44 pm
Photo by abrinskyDLF, India’s leading real estate developer is approaching domestic banks like State Bank of India (SBI) and ICICI bank to refinance a 300 million USD loan it had raised last year through external commercial borrowings (ECB). The debt of company might get refinanced at a rate of around 7%. The refinancing will be […]
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Also tagged Airports, Bank Of India, Bridges, Dlf India, dollar terms, domestic banks, ecb, external commercial borrowings, infrastructure sectors, Leading Real Estate, power sector, RBI, Real Estate Developer, refinancing, SBI, sea ports, state bank, State Bank Of India, Townships
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In 2009-10, the lenders such as Jammu & Kashmir Bank, Union Bank of India, ICICI, Bank of India and Canara Bank reduced lending to the some sectors of real estate. As per the data provided by banks, the largest private sector bank, ICICI reduced its lending to realty by 17 % and to capital markets […]
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Also tagged Bank lending, Bank Of India, canara bank, Capital Markets, commercial mortgages, Hdfc Bank, idbi bank, private banks, private sector bank, Public Sector Banks, Residential Sector, state bank, State Bank Of India, syndicate bank, union bank, Union Bank Of India
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May 12, 2010 The chief executive of India’s ICICI Venture which is the ICICI Bank’s private equity arm announced that they plan an amount of 500 million dollars to be invested in infrastructure projects. This will be launched by July. In an interview, Vishakha Mulye told Reuters that majorly education (and) hospital will be put […]
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Also tagged Airports, chief executive, construction of bridges, Education, India, Infrastructure Projects, million dollars, ports, Power Plants, priority, Private Equity, private firms, Reuters, Scope
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With RBI hiking the repo rate, home loans under the floating rate regime have witnessed a hike of .75 %. Leading housing finance providers like HDFC and ICICI Bank have again raised the interest rates. Who spares a thought for the loanee?. HOME LOANS have again become dearer, no thanks to the hike in interest […]
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Also tagged Bank Of India, Finance Providers, Hdfc, Home Loan Provider, Housing Loans, Interest Rate Hike, Interest Rates, Rate Home Loans, RBI, Repo Rate, Reserve Bank Of India
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Leading home loan lender ICICI Bank said that growth in the real estate sector has been impacted due to high interest rates and prices but maintained that there was no asset bubble in the sector. ICICI Bank Joint Managing Director Chanda Kochhar said, “Clearly there is a slowdown in the number of deals …interest rates […]
As the four-year bull run in the Indian market went into a sharp correction early this year, foreign investors quietly withdrew part of their holdings in leading stocks while retail investors bought into them. Domestic investors(including institutions, MFs and retail investors)were net buyers in those top companies. These entities together bought around 1.1 percentage point […]
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Also tagged DLF, Domestic Investors, Foreign Investors, Global Fund Managers, infosys, Itc, Mfs, Morgan Stanley, Reliance Communication, Reliance Industries, Retail Investors, SBI, Stake, Stock
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