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In 2002 he gained a Master of Science degree with a specialization in Logistics and Supply Chain from the UK. GRO-BIZ is a structured loan product designed primarily for SMEs looking to grow and expand their business operations. Our sole objective is to provide simple, structured and customized solutions using a combination of traditional methods and superior technology to lower and middle income families. We empower home seekers primarily in tier 2 &3 cities who are under-served by traditional lenders.
As a senior Coverage Banker he is responsible for covering the Stressed asset resolution apart from leading Investment Banking initiatives across core sectors like Transportation, Logistics, Energy & Utilities space. Nischal comes with over 20+ years of rich experience focused on Institutional Equities, having handled both the Research and Sales function for the Institutional Broking business, Investment Banking , Portfolio Management Services ,etc. He started his career in AZB & Partners (erstwhile CZB & Partners) directly after graduation, in 2003.
Business Leadership
Centrum Housing has entered into a binding agreement to acquire the housing finance business of National Trust Housing Finance, the Centrum group said in a statement, without disclosing the value of the transaction. Centrum Housing has entered into a binding agreement to acquire the housing finance business of National Trust Housing Finance, the Centrum group said in a statement, without disclosing the value of the transaction. It is our endeavour to work towards being a premier provider of integrated financial services to corporates and individuals .
Under his leadership, the company expanded its Logistics operations from a regional scale to a pan-India scale within the business verticals of Air, Sea, Surface and Rail Cargo movement. Rishad's contemporary management style combined with the family values on which the company was built have influenced steady growth in the face of adversity and global slowdowns. Commercial finance are loans given to businesses to fulfill their daily expense needs, fund their working capital requirements and expansion plans.
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Rakshat received his Chartered Accountancy from Institute of Chartered Accountants of India and Bachelor of Commerce from Delhi University. He has worked for marquee private equity firms including Blackstone, Warburg Pincus, Temasek, KKR, CVCI and Apax. During his time with AZB, he has also led commercial litigation and arbitrations, as well as strategic and regulatory advise for various banks including, notably, HSBC and HDFC Bank.
Our calculators are easy-to-use tools that can assist your financial plans. The calculations rely on several factors along with the assumptions that are provided by you. Therefore, we do not assure their accuracy and relevance to your situations.
Loan against Property – Residential/Commercial
With these businesses now merged into Unity Small Finance Bank, our most recent venture, they are expected to scale up substantially. We are a PAN India Group with a strong leadership team of seasoned professionals with a successful track record, operating out of 140+ cities and with an international presence in Singapore. Project Finance is a tenor-based loan facility to finance projects like road constructions, bridges, real estate’ etc. for corporate bodies, NGO, Governmental parastatals, with maximum duration of 12months. Magicbricks is a full stack service provider for all real estate needs, with 15+ services including home loans, pay rent, packers and movers, legal assistance, property valuation, and expert advice. As the largest platform for buyers and sellers of property to connect in a transparent manner, Magicbricks has an active base of over 15 lakh property listings.
Mr. Ramchandra Kasargod Kamath started his career in Corporation Bank as an Officer Trainee in 1977. He has been the Chairman of Indian Banks’ Association and Governing Board of Institute of Banking Personnel Selection . He has also been the President of Indian Institute of Banking & Finance and Bankers’ Club, Delhi. He has been the member of Governing Board of National Institute of Bank Management , Pune and Governing Council of Institute for Development & Research in Banking Technology , Hyderabad. During his career Mr. Kamath is known for his conceptual clarity, insight, communication skills and ability to build result oriented teams. Micro Finance Business raised USD 5.55 million debt from Singapore-based impact investing and sustainability organisation Impact Investment Exchange .
Insurance
He had joined Ratnakar Bank in June 1980 and served the bank for thirty-four years, initially in an executive capacity across various departments, including MD & CEO, and in the last four years as its non-executive Chairman. Mr. Manmohan Shetty is a Founder of Adlab Films Ltd., one of the largest entertainment corporation of India. He is currently a director of ADLABS Entertainment Ltd, Thrill Park Limited, Walkwater Media Limited among others.
He has so far closed 16 investments, all in different sub-sectors and has made 5 profitable exits. It began operations in 2017 and offers home loans, loan against property, plot purchase and construction, and home extension loans across 10 states, and employs over 500. At different stages of life, our requirements keep changing, we may need money to expand our business or fund working capital requirements or for personal needs like marriage, children’s education or a medical emergency. At Centrum, we offer loans against the mortgage of an existing property of the borrower – the property can be either residential or commercial.
You will now receive updates on the new insightful blog, company announcement, product offering, & more. As per section 24B of the Income Tax Act, you can claim a deduction of Rs. 2,00,000 if you take possession or construct a house within the first 5 years once you take a home loan. If the period of 5 years exceeds, you will be able to claim only Rs. 30,000. As per Section 80C of IT Act, a deduction of up to Rs. 1,50,000 can be claimed every year for repaying the principal on properties that are both rented and self-occupied. To qualify for this benefit, you must avoid selling the property till it completes 5 years from the date of possession.
Personal loan is an individual consumer loan facility that offers you access to funds to meet personal financial obligations such as house rent, utility bills, travel expenses, emergency expenses, etc. "There is higher demand for affordable housing in small cities now and we believe this sector has immense growth potential," he added. Our intuitive home loan balance transfer calculator gives an idea about the reduced interest outflow after you switching from your existing loan provider. Thus, it helps you understand how you can reduce your EMI burden and assists you in making better financial decisions. Clear your debts, pending loans, and outstanding amount of credit card immediately.
Morgan Stanley-backed Centrum Housing Finance, an arm of the diversified Centrum Group, has paid Rs 112 crore for the Rs 300-crore-home loan portfolio of Chennai-based National Trust Housing Finance. We help you build or buy your dream home with our personalized home finance solutions. Our solutions are enriched by best-in-class services, simplified procedures and industry expertise.
No stamp duty, capital gains and income tax were paid as is required in a plain sale and transfer of property. The partnership entity, through which funds flowed in and out, let a new set of partners control the property. Centrum Housing Finance, the affordable housing finance arm of the Centrum Group, also runs Unity Small Finance Bank.
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