In an increasingly unpredictable economic environment, investors are looking for a wider range of products to satisfy evolving strategies. Pauline McCallion reports Following a long period of historically low interest rates – in the wake of the financial crisis that began in 2007–08 and the more recent Covid-19 pandemic – central banks worldwide are beginning
First-time buyers are one cohort to be affected by lower home loans and reduced borrowing criteria – as they could find themselves in negative equity in future Cheaper mortgages and relaxed borrowing rules could lead to a temporary spike in house prices that risk future financial hardship for buyers, experts have warned. Several lenders, including
Thiruvananthapuram: The non-performing assets (NPAs) of the cooperative banks in Kerala are on the verge of crossing Rs 50,000 crore. This amount includes the interest and penal interest on the defaulted loans worth Rs 17,148.7 crore distributed by the banks over the last 15 years. Recovery proceedings are stalled for a large number of bad