Sentences with phrase «sector lenders»

It is touted as the second - largest private sector lender on the basis of assets.

These are the very application standards which were ignored by private - sector lenders during the past few years and a leading cause of the mortgage melt - down.

Try to get federal student loans first, then only turn to private sector lenders as a last resort to cover any remaining expenses.

And consider the alternative, the toxic loans pumped out by private - sector lenders which have pushed the country into recession if not worse.

Previously banks and other private sector lenders issued government - guaranteed loans.

We partner with private sector lenders to provide loans to small businesses.

SBI Life Insurance Co. Ltd. is a joint venture between State Bank of India — the largest public sector lender in India and BNP Paribas Cardif.

The FHA, private loan insurers and private - sector lenders in general face losses as big or bigger than we have seen in the past few years.

Private sector lender Kotak Mahindra Bank has agreed to buy a 15 percent stake in Multi Commodity Exchange of India (MCX) for 4.59 billion rupees ($ 76.1 million), the bank said in a statement late on Sunday.

The SBA describes the program thusly: «Typically, a 504 project includes a loan secured with a senior lien from a private - sector lender covering up to 50 percent of the project cost, a loan secured with a junior lien from the CDC (a 100 percent SBA - guaranteed debenture) covering up to 40 percent of the cost, and a contribution of at least 10 percent equity from the small business being helped.

In September last year, VCCircle had reported that Ola Fleet had availed a term loan of Rs 1,000 crore ($ 156.3 million) from private - sector lender Yes Bank to finance the purchase of commercial vehicles.

Private sector lender Axis Bank's rating will not be impacted due to the high losses it posted in its fourth...

Some private - sector lenders concocted loan formats during the past decade which lead directly to the mortgage meltdown — can anyone say option ARM, interest - only financing or no - doc loan application?

In 2010, President Obama signed the Student Aid and Fiscal Responsibility Act (SAFRA), which made the federal government the sole originator of federally backed student loans, ending decades of government subsidies to private - sector lenders for making government - guaranteed college loans.

In a sense, SAFRA merely legitimized a growing trend: since 2008, the government has been providing most of the capital that private - sector lenders used to make their student loans, anyway.

All those things the FHA does not allow are a source of revenue and profits for private - sector lenders who offer such, er, «features.»

Public sector lender State Bank of India (SBI) today received final approval for its general insurance venture from the sectoral regulator IRDA.

Mr. Deepak Parekh, Chairman, HDFC ERGO (a joint venture between one of India's biggest public sector lender HDFC and ERGO International from Germany) stated that the company has marked the beginning of the phase of consolidation with this transaction.

One of the country's largest insurance providers, the Life Insurance Corporation of India has increased the stake in public sector lender Punjab National Bank to 14 % by qualified institutional placement.

Private sector insurer Bajaj Allianz Life Insurance today signed an agreement with public sector lender Dena Bank for the distribution of an insurance product.

Indian private - sector lender Kotak Mahindra Bank has completed India's first trade finance transaction using blockchain technology.

Under the Guaranteed Loan program, the Rural Housing Service guarantees loans made by private sector lenders.

Life Insurance Corporation of India (LIC) recently purchased over 2 crore shares from the leading public sector lender, Dena Bank.

Those seniority clauses would explicitly subordinate private sector lenders, though the lack of such wording would still subordinate them implicitly.

In January, Ratan Tata - backed artificial intelligence firm Niki.ai had tied up with Kerala - headquartered Federal Bank to launch a chatbot - based virtual assistant on the private sector lender's smartphone application, FedMobile.

The boss of Axis Bank is unexpectedly on the way out after almost ten years running the $ 20 bln private - sector lender.

It suggested offloading some risk to private - sector lenders.

The Federal Housing Administration (FHA), a federal agency, insures mortgages made by private - sector lenders.

This lowered risk would entice more private - sector lenders, reducing the cost of ownership.

What is it, exactly, that private - sector lenders are offering which is better than an FHA mortgage?

The logic for lower loan limits is that it protects private - sector lenders — they need not compete with FHA financing above a certain value.

Federal Bank, a mid-sized private sector lender, is targeting a net interest margin of 3.25 percent in the fiscal year that began in April by focusing on growing its books, improving loan recovery and deposit portfolio, its chief executive...

You replied,» In other words, the reason private - sector lenders are tightening their credit score standards is not because of borrowers, it's because they want to assure that loan officers and others in the lending process are following the rules.

In other words, the reason private - sector lenders are tightening their credit score standards is not because of borrowers, it's because they want to assure that loan officers and others in the lending process are following the rules.

The Federal Housing Administration (FHA), a federal agency, insures mortgages made by private - sector lenders.

We partner with private sector lenders to provide loans to small businesses, creating opportunities for Oklahomans.

Lowering the cap of the Grad PLUS loan program will force many students to borrow from private sector lenders, returning the nation to an environment where many low - and middle - income individuals will be unable to obtain a student loan under reasonable terms, or even obtain a loan at all.

But it is worth noting that when the credit crisis of the past several years caused private - sector lenders to begin backing away from the student loan market, the government already found itself having to step in to fill the void and the percentage of direct loans grew considerably during the recent economic downturn.

HUD has just introduced a new loan modification concept, one which private - sector lenders might want to duplicate.

When a lender originates an FHA loan money goes to a borrower from a private - sector lender.

Now we have Congressional testimony from FHA Commissioner David H. Stevens which explains in greater detail what HUD did and is doing to protect borrowers — lessons private - sector lenders might want to consider.

To determine home values FHA requires real appraisals, not the computerized or drive - by valuations often accepted by private - sector lenders.

For a long time HUD and private - sector lenders have allowed what is called non-traditional credit verification and evaluation.»

MUMBAI: HDFC Bank, the country's second - largest private sector lender, has cut its base rate by 5 bps to 9.3 % bringing its rate at par with State Bank of India.

NY Green Bank focuses on multi-million dollar transactions with businesses, such as solar developers and financiers, alongside private sector lenders.

The Reserve Bank of India (RBI) has approved the merger deal between Kotak Mahindra Bank and ING Vysya Bank, creating the country's fourth largest private sector lender.

With this stake purchase, the insurance company's stake in the public sector lender has increased to 14.5 percent, which earlier stood at 11.63 percent.

Private - sector lender, Bank of Rajasthan (BoR) today entered into a tie - up with Bajaj Auto to offer two - wheeler loans.

Last month, HDFC, a private sector lender had sent an email to all of its users that it would be banning the use of Credit, Debit, and Netbanking for buying cryptocurrencies.