By Julie Zhu, Julia Fioretti * Czech Republic-based lender plans over $1 billion Hong Kong IPO this year – sources * Could apply as soon as next month-sources * Citi, HSBC and Morgan Stanley will lead transaction sources * Latest in a series of non-Asian companies choosing HK for IPOsRead More →
The maximum amount of the mortgage that you can obtain depends on your solvency and your borrowing potential determined according to the norms and standards of the bank. Here are some of the points that will determine your mortgage amount: 1. DepositUsually, builders require buyers to pay 10-20% of theRead More →
Given the strong growth in retail consumer credit, the simplification of loan procedures and the rapid expansion of its network, Home Credit India, part of the Czech Republic-based consumer credit provider Home Credit BV, which started operations in India in 2012, is expected to become profitable in the current fiscalRead More →
1 year Billed annually at 4699 ₹ 392 / month 2 years Billed annually at 6999 ₹ 292 / month 3 years Billed annually at 9399 ₹ 261 / month 1 year Billed annually at 6999 ₹ 583 / month 2 years Billed annually at 8799 ₹ 367 / monthRead More →
Real Estate Credit India Finance Pvt. Ltd., one of India’s fastest growing non-bank financial companies (NBFC), has partnered with the country’s largest mobile payment and commerce platform, Paytm, to enable customers to pay their IMEs in a simple, simple and convenient way. The merger with Paytm is in line withRead More →
Expanding access to credit for the tech savvy and mobile population and bringing transformation to the small personal loan market, Home Credit India Finance Pvt. Ltd., one of India’s fastest growing non-bank financial companies (NBFC), has launched an innovative and one-of-a-kind online mini-loan nationwide. Aimed at customers who need aRead More →
Editor’s note: Three years ago, President Xi Jinping launched China’s ambitious Belt and Road Initiative, to connect vast transcontinental swaths with a common economic thread. The initiative has provided unprecedented opportunities for companies around the world to expand their businesses and access new markets. China Daily will feature a seriesRead More →
NEW DELHI: Home Credit India Finance, a non-bank finance company, announced today that it will expand its operations to 40 cities by the end of 2015. “Home Credit India Finance aims to boost credit penetration by providing consumer credit to everyone. It has announced expansion plans targeting a presence inRead More →
Home equity borrowers beware: a substantial “payment shock” could soon be hitting a mortgage near you. Many home equity lines of credit (HELOCs) taken out in 2005 — just when house prices peaked — could be approaching the end of their 10-year interest payment periods. With an interest rate hikeRead More →