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	<title>Property News India and Featured Real Estate Stories &#187; Financial institutions</title>
	<atom:link href="http://groups.commonfloor.com/news/tag/financial-institutions/feed" rel="self" type="application/rss+xml" />
	<link>https://groups.commonfloor.com/news</link>
	<description>Property News India and Featured Real Estate Stories</description>
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		<item>
		<title>AN EMERGING COMMERCIAL HUB</title>
		<link>https://groups.commonfloor.com/news/an-emerging-commercial-hub-58880</link>
		<comments>https://groups.commonfloor.com/news/an-emerging-commercial-hub-58880#comments</comments>
		<pubDate>Thu, 03 Apr 2014 09:36:11 +0000</pubDate>
		<dc:creator>gaurav.gupta</dc:creator>
				<category><![CDATA[Bangalore]]></category>
		<category><![CDATA[Aerospace park]]></category>
		<category><![CDATA[Airport]]></category>
		<category><![CDATA[Banks]]></category>
		<category><![CDATA[Bellary Road]]></category>
		<category><![CDATA[CBRE South Asia]]></category>
		<category><![CDATA[Commercial hotspots]]></category>
		<category><![CDATA[Corporate clientele]]></category>
		<category><![CDATA[Devanahalli]]></category>
		<category><![CDATA[Devanahalli Industrial Area]]></category>
		<category><![CDATA[Financial institutions]]></category>
		<category><![CDATA[Girish K S]]></category>
		<category><![CDATA[Government]]></category>
		<category><![CDATA[Hardware park]]></category>
		<category><![CDATA[Hebbal]]></category>
		<category><![CDATA[Hebbal Flyover]]></category>
		<category><![CDATA[Hennur Road]]></category>
		<category><![CDATA[Highway]]></category>
		<category><![CDATA[IT companies]]></category>
		<category><![CDATA[IT park]]></category>
		<category><![CDATA[JLL India]]></category>
		<category><![CDATA[Karnataka Industrial Areas Development Board]]></category>
		<category><![CDATA[North Bangalore]]></category>
		<category><![CDATA[Outer ring road (ORR)]]></category>
		<category><![CDATA[Ram Chandani]]></category>
		<category><![CDATA[Real estate development]]></category>
		<category><![CDATA[Strategic Consulting]]></category>
		<category><![CDATA[Thanisandra Main Road]]></category>

		<guid isPermaLink="false">http://www.commonfloor.com/news/?p=58880</guid>
		<description><![CDATA[In north Bangalore, interest in real estate peaked with the setting up of the international airport in 2008. The as yet mainly unfamiliar region boasted sizeable tracts of land at considerably lower prices, which helped in the growth of commercial space in this region. Connectivity by the Outer Ring Road (ORR), the Hebbal flyover and [...]]]></description>
		<wfw:commentRss>https://groups.commonfloor.com/news/an-emerging-commercial-hub-58880/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>RBI disagree with the plan to give Sarfaesi powers to HFCs</title>
		<link>https://groups.commonfloor.com/news/rbi-disagree-with-the-plan-to-give-sarfaesi-powers-to-hfcs-58423</link>
		<comments>https://groups.commonfloor.com/news/rbi-disagree-with-the-plan-to-give-sarfaesi-powers-to-hfcs-58423#comments</comments>
		<pubDate>Thu, 27 Mar 2014 04:25:57 +0000</pubDate>
		<dc:creator>gaurav.gupta</dc:creator>
				<category><![CDATA[Home Loan]]></category>
		<category><![CDATA[Finance ministry]]></category>
		<category><![CDATA[Financial institutions]]></category>
		<category><![CDATA[FIs]]></category>
		<category><![CDATA[HFCs]]></category>
		<category><![CDATA[Housing finance companies]]></category>
		<category><![CDATA[Housing sector]]></category>
		<category><![CDATA[Loans]]></category>
		<category><![CDATA[National Housing Bank]]></category>
		<category><![CDATA[NHB]]></category>
		<category><![CDATA[Non-banking financial companies]]></category>
		<category><![CDATA[NPAs]]></category>
		<category><![CDATA[RBI]]></category>
		<category><![CDATA[RBI disagree]]></category>
		<category><![CDATA[Reserve Bank of India]]></category>
		<category><![CDATA[SARFAESI Act]]></category>
		<category><![CDATA[Sarfaesi Act-powers to housing finance companies]]></category>
		<category><![CDATA[Sarfaesi powers]]></category>
		<category><![CDATA[Sarfaesi powers to HFCs]]></category>

		<guid isPermaLink="false">http://www.commonfloor.com/news/?p=58423</guid>
		<description><![CDATA[The Reserve Bank of India (RBI) disagrees with finance ministry’s plan to give Sarfaesi Act-powers automatically to all housing finance companies (HFCs) registered with the National Housing Bank (NHB). An official says that the ‘stringent’ Sarfaesi powers should not be given to institutions without proper due diligence of their management, track-record, borrower profile and default [...]]]></description>
		<wfw:commentRss>https://groups.commonfloor.com/news/rbi-disagree-with-the-plan-to-give-sarfaesi-powers-to-hfcs-58423/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>In April-December quarter, Debt private placement mobilization fall by 29 percent</title>
		<link>https://groups.commonfloor.com/news/in-april-december-quarter-debt-private-placement-mobilization-fall-by-29-percent-56732</link>
		<comments>https://groups.commonfloor.com/news/in-april-december-quarter-debt-private-placement-mobilization-fall-by-29-percent-56732#comments</comments>
		<pubDate>Wed, 12 Mar 2014 06:39:25 +0000</pubDate>
		<dc:creator>gaurav.gupta</dc:creator>
				<category><![CDATA[Realty News]]></category>
		<category><![CDATA[Debt]]></category>
		<category><![CDATA[Debt private placement mobilization]]></category>
		<category><![CDATA[Financial institutions]]></category>
		<category><![CDATA[HDFC]]></category>
		<category><![CDATA[LIC Housing]]></category>
		<category><![CDATA[Mobilization]]></category>
		<category><![CDATA[PFC]]></category>
		<category><![CDATA[Pranav Haldea]]></category>
		<category><![CDATA[private placement mobilization]]></category>
		<category><![CDATA[PSUs]]></category>
		<category><![CDATA[SFIs]]></category>
		<category><![CDATA[SLUs]]></category>
		<category><![CDATA[State financial institutions]]></category>
		<category><![CDATA[State level undertaking]]></category>

		<guid isPermaLink="false">http://www.commonfloor.com/news/?p=56732</guid>
		<description><![CDATA[In April-December 2013 mobilization through corporate bonds on a private placement basis sinked 29% to Rs 1,81,808 crore, because of lower fund raising by banks and financial institutions. As per the data base, which evaluates the data on the primary capital market, collection of fund by the private sector also witnessed a sharp decrease. It [...]]]></description>
		<wfw:commentRss>https://groups.commonfloor.com/news/in-april-december-quarter-debt-private-placement-mobilization-fall-by-29-percent-56732/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Lenders Likely to Take Control of Lanco Infra</title>
		<link>https://groups.commonfloor.com/news/lenders-likely-to-take-control-of-lanco-infra-55399</link>
		<comments>https://groups.commonfloor.com/news/lenders-likely-to-take-control-of-lanco-infra-55399#comments</comments>
		<pubDate>Thu, 27 Feb 2014 07:17:56 +0000</pubDate>
		<dc:creator>gaurav.gupta</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Adi Babu]]></category>
		<category><![CDATA[Allahabad Bank]]></category>
		<category><![CDATA[Andhra Bank]]></category>
		<category><![CDATA[Axis Bank]]></category>
		<category><![CDATA[Bank of Baroda]]></category>
		<category><![CDATA[Bank of Maharashtra]]></category>
		<category><![CDATA[Banks]]></category>
		<category><![CDATA[Canara Bank]]></category>
		<category><![CDATA[CDR package]]></category>
		<category><![CDATA[Central Bank of India]]></category>
		<category><![CDATA[corporate debt restructuring]]></category>
		<category><![CDATA[Corporation Bank]]></category>
		<category><![CDATA[Dena bank]]></category>
		<category><![CDATA[Financial institutions]]></category>
		<category><![CDATA[ICICI Bank]]></category>
		<category><![CDATA[IDBI Bank]]></category>
		<category><![CDATA[India Overseas Bank]]></category>
		<category><![CDATA[ING Vysya]]></category>
		<category><![CDATA[Jammu &Kashmir Bank]]></category>
		<category><![CDATA[L Madhusudhan Rao]]></category>
		<category><![CDATA[Lanco Infra]]></category>
		<category><![CDATA[LIC]]></category>
		<category><![CDATA[Oriental Bank of Commerce]]></category>
		<category><![CDATA[Punjab and Sind Bank]]></category>
		<category><![CDATA[Punjab National Bank]]></category>
		<category><![CDATA[SBH]]></category>
		<category><![CDATA[SBI]]></category>
		<category><![CDATA[Shareholders]]></category>
		<category><![CDATA[Sick infrastructure]]></category>
		<category><![CDATA[State Bank of Bikaner & Jaipur]]></category>
		<category><![CDATA[State Bank of Mysore]]></category>
		<category><![CDATA[State Bank of Patiala]]></category>
		<category><![CDATA[Union Bank of India]]></category>
		<category><![CDATA[United Bank of India]]></category>

		<guid isPermaLink="false">http://www.commonfloor.com/news/?p=55399</guid>
		<description><![CDATA[Both public and private, twenty five lenders,  have secured an option to gain control over the sick infrastructure firm Lanco Infra, following one of the largest corporate debt restructuring (CDR) ,by conversion of  3,024 crore of loans into equity which involves 11,155 crore. In a communication, seeking the approval of shareholders for the issue of shares [...]]]></description>
		<wfw:commentRss>https://groups.commonfloor.com/news/lenders-likely-to-take-control-of-lanco-infra-55399/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Builder’s 31cr realty to be auctioned by the bank as a step to recover 3,000 crore</title>
		<link>https://groups.commonfloor.com/news/builders-31cr-realty-to-be-auctioned-by-the-bank-as-a-step-to-recover-3000-crore-54376</link>
		<comments>https://groups.commonfloor.com/news/builders-31cr-realty-to-be-auctioned-by-the-bank-as-a-step-to-recover-3000-crore-54376#comments</comments>
		<pubDate>Fri, 14 Feb 2014 10:15:54 +0000</pubDate>
		<dc:creator>dinesh.k</dc:creator>
				<category><![CDATA[Real estate trends]]></category>
		<category><![CDATA[Realty News]]></category>
		<category><![CDATA[31cr realty to be auctioned by the bank]]></category>
		<category><![CDATA[Andheri East]]></category>
		<category><![CDATA[Asset Reconstruction Company of India Ltd]]></category>
		<category><![CDATA[Banks]]></category>
		<category><![CDATA[CBI]]></category>
		<category><![CDATA[CVC]]></category>
		<category><![CDATA[Financial institutions]]></category>
		<category><![CDATA[Indore]]></category>
		<category><![CDATA[loan repayment]]></category>
		<category><![CDATA[MIDC Marol]]></category>
		<category><![CDATA[Mumbai]]></category>
		<category><![CDATA[P Rudran]]></category>
		<category><![CDATA[UBI]]></category>
		<category><![CDATA[United Bank of India]]></category>
		<category><![CDATA[Zoom Developers Pvt Ltd]]></category>
		<category><![CDATA[Zoom Softech]]></category>

		<guid isPermaLink="false">http://www.commonfloor.com/news/?p=54376</guid>
		<description><![CDATA[Banks and financial institutions are threatening the developers to auction their properties worth thousands of crores in case of failure of loan repayment.  In one of the latest cases, over two dozen nationalized banks, led by United Bank of India (UBI), are auctioning the properties of barely Rs. 31 crore worth while trying to recover [...]]]></description>
		<wfw:commentRss>https://groups.commonfloor.com/news/builders-31cr-realty-to-be-auctioned-by-the-bank-as-a-step-to-recover-3000-crore-54376/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>RBI cuts repo rate for third time in 2013</title>
		<link>https://groups.commonfloor.com/news/rbi-cuts-repo-rate-for-third-time-in-2013-53014</link>
		<comments>https://groups.commonfloor.com/news/rbi-cuts-repo-rate-for-third-time-in-2013-53014#comments</comments>
		<pubDate>Mon, 06 May 2013 10:38:20 +0000</pubDate>
		<dc:creator>Poornima</dc:creator>
				<category><![CDATA[Home Loan]]></category>
		<category><![CDATA[Mumbai]]></category>
		<category><![CDATA[Real estate trends]]></category>
		<category><![CDATA[Realty News]]></category>
		<category><![CDATA[0.25 percent repo cut]]></category>
		<category><![CDATA[Affordable Housing]]></category>
		<category><![CDATA[Cash Reserve Ratio]]></category>
		<category><![CDATA[Confederation of Real Estate Developers' Associations of India]]></category>
		<category><![CDATA[CREDAI]]></category>
		<category><![CDATA[CRR]]></category>
		<category><![CDATA[Current Account Deficit]]></category>
		<category><![CDATA[Demand for properties]]></category>
		<category><![CDATA[Financial institutions]]></category>
		<category><![CDATA[home loan]]></category>
		<category><![CDATA[Homebuyers]]></category>
		<category><![CDATA[monetary policy]]></category>
		<category><![CDATA[RBI]]></category>
		<category><![CDATA[Real estate in India]]></category>
		<category><![CDATA[Real Estate Sales]]></category>
		<category><![CDATA[Real-estate market]]></category>
		<category><![CDATA[Repo Rate]]></category>
		<category><![CDATA[Reserve Bank of India]]></category>
		<category><![CDATA[retail lending rates]]></category>
		<category><![CDATA[short-term lending rate]]></category>
		<category><![CDATA[special policy for housing industry]]></category>

		<guid isPermaLink="false">http://www.commonfloor.com/news/?p=53014</guid>
		<description><![CDATA[Mumbai: On a move to step up real estate sales, Reserve Bank of India (RBI) has cut Repo Rate for the third time since January by 25 basis points. However, the lowering of the Repo rate by 0.25 percent may no sooner be beneficial to home loan seekers as it is too small to have [...]]]></description>
		<wfw:commentRss>https://groups.commonfloor.com/news/rbi-cuts-repo-rate-for-third-time-in-2013-53014/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>IFSC progress at swing: GIFT City</title>
		<link>https://groups.commonfloor.com/news/ifsc-progress-at-swing-gift-city-49349</link>
		<comments>https://groups.commonfloor.com/news/ifsc-progress-at-swing-gift-city-49349#comments</comments>
		<pubDate>Wed, 13 Mar 2013 09:44:09 +0000</pubDate>
		<dc:creator>Bhawna</dc:creator>
				<category><![CDATA[Ahmedabad]]></category>
		<category><![CDATA[Cities]]></category>
		<category><![CDATA[Realty News]]></category>
		<category><![CDATA[Financial institutions]]></category>
		<category><![CDATA[financial services]]></category>
		<category><![CDATA[Financial Technologies Knowledge Management Company Ltd]]></category>
		<category><![CDATA[GIFT city]]></category>
		<category><![CDATA[GIFT City between Ahmedabad and Gandhinagar]]></category>
		<category><![CDATA[GIFT Co]]></category>
		<category><![CDATA[GIFT One]]></category>
		<category><![CDATA[Gujarat Government]]></category>
		<category><![CDATA[Gujarat International Finance Tec-City]]></category>
		<category><![CDATA[IFSC]]></category>
		<category><![CDATA[India’s first International Financial Services Centre]]></category>
		<category><![CDATA[Institute of Cost Accounts of India]]></category>
		<category><![CDATA[Narsee Monjee Education Trust]]></category>
		<category><![CDATA[PPP model]]></category>
		<category><![CDATA[public-private partnership model]]></category>
		<category><![CDATA[Residential projects]]></category>
		<category><![CDATA[SEZ]]></category>
		<category><![CDATA[Special economic zone]]></category>

		<guid isPermaLink="false">http://www.commonfloor.com/news/?p=49349</guid>
		<description><![CDATA[Gujarat &#8211; Gujarat International Finance Tec-City (GIFT City), an initiative from Gujarat government, is proceeding in full swing as per schedule. It will house India’s first International Financial Services Centre (IFSC). GIFT City is being developed on Public Private Partnership (PPP) model. It is a joint venture between state-owned Gujarat Urban Development Company Ltd (GUDC) [...]]]></description>
		<wfw:commentRss>https://groups.commonfloor.com/news/ifsc-progress-at-swing-gift-city-49349/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>CIBIL and CERSAI to join hands to help lenders with credit worthiness of realty</title>
		<link>https://groups.commonfloor.com/news/cibil-and-cersai-to-join-hands-to-help-lenders-with-credit-worthiness-of-realty-34846</link>
		<comments>https://groups.commonfloor.com/news/cibil-and-cersai-to-join-hands-to-help-lenders-with-credit-worthiness-of-realty-34846#comments</comments>
		<pubDate>Tue, 04 Dec 2012 03:24:53 +0000</pubDate>
		<dc:creator>Poornima</dc:creator>
				<category><![CDATA[Kolkata]]></category>
		<category><![CDATA[Realty News]]></category>
		<category><![CDATA[Banks]]></category>
		<category><![CDATA[Central Registry of Securitization Asset Reconstruction and Security Interest of India (CERSAI)]]></category>
		<category><![CDATA[credit card holders]]></category>
		<category><![CDATA[credit history of borrowers]]></category>
		<category><![CDATA[Credit Information Bureau (India) Ltd or CIBIL]]></category>
		<category><![CDATA[demographic details]]></category>
		<category><![CDATA[Financial institutions]]></category>
		<category><![CDATA[lenders]]></category>
		<category><![CDATA[Loan]]></category>
		<category><![CDATA[loan applications]]></category>
		<category><![CDATA[Loan Borrowers]]></category>
		<category><![CDATA[SARFAESI Act]]></category>
		<category><![CDATA[single window facility]]></category>
		<category><![CDATA[Status of property]]></category>
		<category><![CDATA[trade]]></category>
		<category><![CDATA[transactions]]></category>

		<guid isPermaLink="false">http://www.commonfloor.com/news/?p=34846</guid>
		<description><![CDATA[Kolkata- Credit Information Bureau (India) Ltd (CIBIL) and the Central Registry of Securitisation Asset Reconstruction and Security Interest of India (CERSAI) are together planning to offer a single window facility to check credit worthiness and legal status of property to lenders. The two organizations have planned to sign an agreement on 10th December. Once the [...]]]></description>
		<wfw:commentRss>https://groups.commonfloor.com/news/cibil-and-cersai-to-join-hands-to-help-lenders-with-credit-worthiness-of-realty-34846/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>No takers of loan as banks are ready to provide!</title>
		<link>https://groups.commonfloor.com/news/no-takers-of-loan-as-banks-are-ready-to-provide-32990</link>
		<comments>https://groups.commonfloor.com/news/no-takers-of-loan-as-banks-are-ready-to-provide-32990#comments</comments>
		<pubDate>Wed, 21 Nov 2012 06:39:08 +0000</pubDate>
		<dc:creator>Priyanka</dc:creator>
				<category><![CDATA[Cities]]></category>
		<category><![CDATA[Mumbai]]></category>
		<category><![CDATA[Realty News]]></category>
		<category><![CDATA[Residential Real Estate]]></category>
		<category><![CDATA[Bank loan]]></category>
		<category><![CDATA[Bankers]]></category>
		<category><![CDATA[business industry]]></category>
		<category><![CDATA[buying a home]]></category>
		<category><![CDATA[Corporates]]></category>
		<category><![CDATA[Financial institutions]]></category>
		<category><![CDATA[financial loans]]></category>
		<category><![CDATA[home loan]]></category>
		<category><![CDATA[Residents]]></category>
		<category><![CDATA[SBI]]></category>

		<guid isPermaLink="false">http://www.commonfloor.com/stories/?p=32990</guid>
		<description><![CDATA[Banks are ready to provide loans to business industries, however, there are no takers! Individuals who desire home loans can buy residences which are worth Rs 20 lakh and much more, in any other case it&#8217;s going to be invalidated on flimsy ground. The largest bank SBI is actually resting with a big bin. It [...]]]></description>
		<wfw:commentRss>https://groups.commonfloor.com/news/no-takers-of-loan-as-banks-are-ready-to-provide-32990/feed</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Forecast of Indian realty market by Fitch</title>
		<link>https://groups.commonfloor.com/news/forecast-of-indian-realty-market-by-fitch-12946</link>
		<comments>https://groups.commonfloor.com/news/forecast-of-indian-realty-market-by-fitch-12946#comments</comments>
		<pubDate>Wed, 18 Jan 2012 09:50:04 +0000</pubDate>
		<dc:creator>Poonam Das</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[@012 realty market]]></category>
		<category><![CDATA[Banks]]></category>
		<category><![CDATA[Debt]]></category>
		<category><![CDATA[Financial institutions]]></category>
		<category><![CDATA[Fitch Ratings]]></category>
		<category><![CDATA[Hike in property prices]]></category>
		<category><![CDATA[Indian real estate market]]></category>
		<category><![CDATA[Indian realty market]]></category>
		<category><![CDATA[Less demand in real estate]]></category>
		<category><![CDATA[New Delhi]]></category>
		<category><![CDATA[Private equity funds]]></category>
		<category><![CDATA[Realty market]]></category>
		<category><![CDATA[Realty News]]></category>

		<guid isPermaLink="false">http://www.commonfloor.com/stories/?p=12946</guid>
		<description><![CDATA[Indian real estate market has been forecasted to be dull in 2012 also. The negative mindset was seen in Fitch Ratings who think that due to less demand and hike in property prices, real estate sector in the country is again to see a downfall. The firm has also quoted that high construction costs and [...]]]></description>
		<wfw:commentRss>https://groups.commonfloor.com/news/forecast-of-indian-realty-market-by-fitch-12946/feed</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>BBMP bank accounts to be seized!</title>
		<link>https://groups.commonfloor.com/news/bbmp-bank-accounts-to-be-seized-11886</link>
		<comments>https://groups.commonfloor.com/news/bbmp-bank-accounts-to-be-seized-11886#comments</comments>
		<pubDate>Wed, 28 Dec 2011 11:38:58 +0000</pubDate>
		<dc:creator>Poonam Das</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[2011]]></category>
		<category><![CDATA[2012]]></category>
		<category><![CDATA[Banks]]></category>
		<category><![CDATA[BBMP]]></category>
		<category><![CDATA[BBMP accounts seize]]></category>
		<category><![CDATA[BBMP bank accounts]]></category>
		<category><![CDATA[BBMP commissioner]]></category>
		<category><![CDATA[BBMP Commissioner M K Shankarlinge Gowda]]></category>
		<category><![CDATA[BBMP upcoming projects]]></category>
		<category><![CDATA[Bruhat Bangaluru Mahanagara Palike (BBMP)]]></category>
		<category><![CDATA[Civic body]]></category>
		<category><![CDATA[December 31]]></category>
		<category><![CDATA[Financial institutions]]></category>
		<category><![CDATA[Loan interest payments]]></category>
		<category><![CDATA[Re-pay loan amount]]></category>
		<category><![CDATA[Transactions from the banks]]></category>

		<guid isPermaLink="false">http://www.commonfloor.com/stories/?p=11886</guid>
		<description><![CDATA[It&#8217;s high time that Bruhat Bengaluru Mahanagara Palike (BBMP) has to clear all loan interest payments! December 31, 2011 is the final deadline for BBMP to pay Rs 750 crore to various banks. BBMP has around 500 bank accounts in 12 financial institutions! BBMP Commissioner M K Shankarlinge Gowda say that they have lots of [...]]]></description>
		<wfw:commentRss>https://groups.commonfloor.com/news/bbmp-bank-accounts-to-be-seized-11886/feed</wfw:commentRss>
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		<item>
		<title>Banks to accept immovable property</title>
		<link>https://groups.commonfloor.com/news/banks-to-accept-immovable-property-10543</link>
		<comments>https://groups.commonfloor.com/news/banks-to-accept-immovable-property-10543#comments</comments>
		<pubDate>Tue, 13 Dec 2011 10:11:46 +0000</pubDate>
		<dc:creator>Poonam Das</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Amendments]]></category>
		<category><![CDATA[Banks]]></category>
		<category><![CDATA[Defaulting borrower]]></category>
		<category><![CDATA[Delhi NCR]]></category>
		<category><![CDATA[Enforcement of Security Interest and Recovery of Debt Laws (Amendment) Bill 2011]]></category>
		<category><![CDATA[Financial institutions]]></category>
		<category><![CDATA[Immovable properties]]></category>
		<category><![CDATA[New Delhi]]></category>

		<guid isPermaLink="false">http://www.commonfloor.com/stories/?p=10543</guid>
		<description><![CDATA[The new Bill introduced in lokh sabha will soon be giving provisions for the banks to accept the immovable properties. Banks and financial institutions in New Delhi at present are not empowered to accept immovable property in concern against the defaulting borrower. The amendments will be made accordance with The Enforcement of Security Interest and [...]]]></description>
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