Tag: #NPA

Delhi High Court

Delhi High Court Quashes Lookout Circulars Against Supertech Realtors’ Director.

July 18, 2024

The Delhi High Court has nullified the lookout circulars (LoCs) issued against Mohit Arora, director of Supertech Realtors, by the Bureau of Immigration. These LoCs were requested by the Bank of Baroda and Union Bank of India. However, the court clarified that its ruling does not address LoCs issued against Arora at the request of […]

Delhi High Court Quashes Lookout Circulars Against Supertech Realtors’ Director.more
RBI

Reserve Bank of India puts hold on Housing Loan EMI’s for the next three months.

March 28, 2020

The Reserve Bank of India joined the huge battle on March 27 with a host of steps aimed at mitigating the harm from Covid-19 a day after Modi govt started his economy rescue in right earnest with a Rs 1.70 lakh crore coronavirus counter. Those steps come just hours after Moody’s Investors Service reduces India’s […]

Reserve Bank of India puts hold on Housing Loan EMI’s for the next three months.more
RBI

The RBI rate reduction will enhance the affordability of home purchasers – Latest Update

June 7, 2019

By Abhay Harish Shah, Realty Quarter For the third time this year, the real estate sector has welcomed RBI’s decision to lower interest rates by 25 basis points. It is expected to lead to a decrease in home loan EMIs and increase affordability for homebuyers. The main challenge, however, is for RBI to ensure that the […]

The RBI rate reduction will enhance the affordability of home purchasers – Latest Updatemore