Mallya's extradition is part of the "judicial process" in the UK, Arun Jaitley said.
Actor-businessman Sachiin Joshi bought the Kingfisher Villa for Rs. 73 crore in an auction conducted by the consortium of banks
General Motors Financial Co Inc. said it was served with a subpoena from the Department of Justice directing it to turn over documents related to underwriting criteria.
"It is not proposed to issue any guidelines to the banks to offer loans to borrowers at uniform rate of interest in view of variation in their costs, business models, margins etc.," Finance Minister Arun Jaitley said in a reply to the Lok Sabha.
In order to encourage infrastructure development and affordable housing, RBI today exempted long term bonds from mandatory regulatory norms like CRR and SLR if the money raised is used for funding of such projects.
Most of us prefer to get our car purchases financed. Car loans can be easily availed through either your own bank or even other banks. However, there are a number of frequently asked questions regarding car loans.
Owning a home is more of a basic necessity rather than a luxury these days. Home loans have been designed to let you not miss out on this necessity.
Delinquency rate is a key measure of the quality of outstanding loans of banks and other non-banking lenders.
A joint home loan is nothing but simply adding a co-applicant or co-borrower in your home loan application. Let's explore some interesting facts about join home loans.
Today, a number of options are available to repay a car loan. Applicants must learn about various methods available to them at the time of signing a loan agreement with a financier.
On October 1, Asian Paints had said that it has increased holding in BIL to 90.44 per cent through its ongoing open offer.
Business loans can be applied for a variety of requirements such as starting new ventures, expansions, new purchase, working capital requirement, vendor and dealer financing, bill discounting etc.
When you are in dire need of cash, the easiest option seems to be taking a personal loan. But with interest rates going through the roof, it's not quite wise to get into the vicious cycle of debt. Banks also tend to look at your entire financial profile before approving your loan. What if you had options apart from personal loan in times of crisis?
Home loans not only help you realize your dreams of buying that house you have always wanted but also help save tax. But sometimes, the procedure of applying and getting a home loan can be complicated and frustrating. To avoid hassles and save cost, you must choose the right home loan.
Reserve Bank of India Governor Raghuram Rajan, who will present his maiden policy on September 20, held discussions yesterday with Prime Minister Manmohan Singh and Finance Minister P Chidambaram on the macro-economic situation.
The RBI, in a notification, said that it is necessary to build a repository of large credits and share with the banks for enabling them to be aware of building leverage and common exposures.
Poor track record when it comes to paying credit card dues, compulsive job hopping and a residential address on the defaulters' list are enough reasons for a bank to turn down your loan application.
In a notification to all state and central co-operative banks, the RBI said loans against the security of gold coin would be up to 50 grams per customer.
Buying a home is an important personal finance decision for every individual. Before applying for a home loan and paying your processing fee, make sure you analyze the following aspects:
Srei Infrastructure Finance Ltd has sought market regulator Sebi's approval to raise up to Rs 150 crore through issue of non-convertible debentures (NCDs).