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Delinquencies In Loan Against Property May Rise To Over 5%: India Ratings
Signs of early stress are clearly visible in the LAP business loan pools assessed by it, indicated by a sharp rise in 90 days past due (dpd) delinquencies for some of the large players, says India Ratings.
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Enforcement Directorate Seizes Vijay Mallya's Assets Worth Rs 6,630 Crore
The Enforcement Directorate today seized properties, assets and shares, belonging to business tycoon Vijay Mallya, worth Rs 6,630 crore. The action against Mr Mallya, 60, comes after the CBI lodged a fresh case of cheating against him.
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Crisil Warns of Systemic Risks in Fast Growing LAP Market
The report, however, warned that risks are gradually building up as competition and maintaining rigorous credit discipline are vital for sustainability of the business.
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IIFL plans to increase presence in retail business segments
India Infoline Finance Ltd (IIFL), an NBFC subsidiary of India Infoline Ltd, plans to increase its presence in promising retail business segments like home loan, loan against property, loan against securities and gold loan by utilising extensive branch network.
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Delinquencies In Loan Against Property May Rise To Over 5%: India Ratings
Signs of early stress are clearly visible in the LAP business loan pools assessed by it, indicated by a sharp rise in 90 days past due (dpd) delinquencies for some of the large players, says India Ratings.
-
Enforcement Directorate Seizes Vijay Mallya's Assets Worth Rs 6,630 Crore
The Enforcement Directorate today seized properties, assets and shares, belonging to business tycoon Vijay Mallya, worth Rs 6,630 crore. The action against Mr Mallya, 60, comes after the CBI lodged a fresh case of cheating against him.
-
Crisil Warns of Systemic Risks in Fast Growing LAP Market
The report, however, warned that risks are gradually building up as competition and maintaining rigorous credit discipline are vital for sustainability of the business.
-
IIFL plans to increase presence in retail business segments
India Infoline Finance Ltd (IIFL), an NBFC subsidiary of India Infoline Ltd, plans to increase its presence in promising retail business segments like home loan, loan against property, loan against securities and gold loan by utilising extensive branch network.
