Indian Bankers Association (IBA)
In the ongoing series of discussions to provide relief to real estate sector, developers have asked for relaxation of funding norms. Deliberation between Indian Bankers Association (IBA) and Confederation of Real Estate Developers Association of India (CREDAI) saw developers called for the easing of financing norms to ease the cash crunch of the developers. The [...] Continue Reading »
In order to give a boost to the real estate sector, financial services secretary D K Mittal has asked banks to focus on funding of partially completed residential projects on a priority basis. Funding projects in small towns has also been asked to prioritise. In a meeting with Indian Bankers’ Association (IBA) and developers body [...] Continue Reading »
Home loan borrowers may get access to an alternate window rather than to wait for the Reserve Bank of India to ease interest rates as government is planning to furnish cheap housing credit opportunities. Indian Bankers Association (IBA) has been asked by the government to look into ways to provide affordable credit to home loan [...] Continue Reading »
In order to address issues plaguing the real estate sector, Finance Minister P Chidambaram on Saturday asked help from Indian bankers. He has asked Indian Bankers Association (IBA) to form a committee to advise the government on tackling the slowdown in the housing demand. He stated that various issues facing the real estate sector need [...] Continue Reading »
