NHB seeking agency for data collection on unsold residential units across 50 cities

The National Housing Bank (NHB) is scouting for an agency to collect data of unsold properties -- both underconstruction and ready-to-move-in ones -- across 50 cities from builders and developers for the computation of its key price index.

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PM Modi sees depositors’ confidence in banking system going up

Recent legal changes will also increase banks’ risk taking ability in coming days, says Modi

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Govt unlikely to announce capital infusion for PSU banks in Budget 2022-23

Finance Minister Nirmala Sitharaman is expected to present the fourth budget of the Modi 2.0 government on February 1. It is to be noted that the net profit of PSBs surged to Rs 14,012 crore in the first quarter, which further rose to Rs 17,132 crore in the second quarter ended September 2021.

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Bank of Maharashtra cuts home and car loan rates

The new rates are effective from December 13, 2021

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Deposit Insurance Scheme: 1 lakh plus depositors get over ₹1,300 crore payout

The scheme seeks to provide insurance for bank deposits and guarantees credit given by banks and financial institutions. It aims to provide depositors time-bound access to their insured deposit amount, in case they are restricted from accessing their bank deposits.

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