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Tag: home

Self-employed pie in home loan grows, so do defaults

Self-employed pie in home loan grows, so do defaults

Finance
A subdued loan demand from businesses is increasing competition in home loans, leading to a rise in the number of self-employed individuals getting mortgages. Home loans to self-employed accounted for 30 per cent of mortgages in fiscal 2017-18 as against 20 per cent earlier. But the flip side is that delinquencies are also rising. Gross non-performing assets (NPAs) in the segment are estimated to have inched up by 40 basis points (100bps = 1 percentage point) to around 1.1 per cent by the end of fiscal 2018, compared with about 0.7 per cent a few years back. According to a report by ratings agency Crisil, home loans to the self-employed segment have been growing at a compounded annual growth rate of 33 per cent in the past four years compared to overall 20 per cent expansion in housing fin...
Ant McPartlin returns home at 2.40am after drink-drive car crash arrest

Ant McPartlin returns home at 2.40am after drink-drive car crash arrest

Entertainment
Saturday Night Takeaway presenter Ant McPartlinwas filmed arriving back home at 3am this morning, following being arrested yesterday after he allegedly crashed into two cars in West London.Ant, 42, did not address the media who were outside his home.Instead, Declan Donnelly's co-star went straight inside his home, followed by two other people.Nathan Lee captured his return home on video and posted the clip to Twitter at 4am, with the caption reading: "BREAKING @itvnews Anthony McPartlin arrives back home after being released under investigation by Met police.GETTYSATURDAY NIGHT TAKEAWAY STAR: Ant McPartlin has returned home following his arrestAnt and Dec in pictures  Celebrate this dynamic duo in pictures PA Anthony McPartlin (left) and Declan Donnelly aka Ant and Dec...
South Africa Zuma: Gupta family home raided by police

South Africa Zuma: Gupta family home raided by police

World
South Africa's elite police unit have raided the home of the controversial Gupta family as the investigation into so-called state capture continues.Three arrests have been made, including one Gupta brother, local media report. Police say two other people are expected to hand themselves in.The Gupta family have been accused using their friendship with President Jacob Zuma to wield enormous political influence for their business interests.They all deny the allegations.Africa Live: For all the latest on the Guptas and Zuma, as it happensThe raid on the Gupta's walled compound in Johannesburg comes as Mr Zuma faces increased pressure to resign, in part because of links to the Guptas.He is expected to respond later today to a formal request from the African National Congress (ANC) to step down....
Magicbricks teams up with State Bank of India to launch Big Bang Home Carnival

Magicbricks teams up with State Bank of India to launch Big Bang Home Carnival

Finance
MUMBAI: The country's largest lender State Bank of India and the No.1 property site Magicbricks on Friday announced the launch of the Big Bang Home Carnival, a month-long online housing carnival. The housing festival will showcase nearly 16,000 units, across 22 Indian cities and will culminate on March 9. 62 developers have come on board to showcase 97 projects while SBI is offering a host of loan deals in SBI and RERA Approved Projects. "We are offering home loans at Zero processing Fee with an attractive interest rates and additional 20% loan for the young generation having age upto 45 years," said P.K. Gupta, MD (Retail & Digital Banking), SBI. "The customers can get home loans pre-approved even before they decide the property to be purchased. To improve customer home loan jou...
Arctic permafrost home to large mercury reserves, study finds

Arctic permafrost home to large mercury reserves, study finds

Science
Feb. 5 (UPI) -- Scientists have discovered large mercury reserves trapped in Arctic permafrost.According to a new study published in the journal Geophysical Research Letters, the mercury reserves are the largest in the world."This discovery is a game-changer," lead study author Paul Schuster, a hydrologist at the U.S. Geological Survey in Boulder, Colorado, said in a news release. "We've quantified a pool of mercury that had not been done previously, and the results have profound implications for better understanding the global mercury cycle."The monumental mercury levels were revealed by permafrost cores drilled in northern Alaska. Analysis suggests the Arctic permafrost holds double the amount of Mercury found in all the rest of the planet's ocean, sediment and atmospheric systems combin...