Tag: Prudential

Commercial Realty Projects May Suffer With Increased Loan Rates

April 15, 2010 The builders might now suffer with costlier scrounging since Reserve Bank of India (RBI) plans to ask banks to set apart more funds for loans to commercial realty projects. This in turn will force banks to aggrandize the interest rates on such loans. According to senior bankers RBI can take either of […]

Prudential, DLF get in-principle nod for fund unit

India’s most valuable real estate firm, DLF Ltd, and American life insurer Prudential Financial Inc (PFI) said they have an in-principle regulatory approval for a mutual fund venture formed in December. “We look forward to a successful launch once we receive the remaining regulatory approvals, which should take place sometime in 2009,” Rajeev Talwar, group […]