Finance
Mr. ManagerSBI Chairman Setty's Bold New Vision for Housing Finance
Ladies and gentlemen, brace yourselves! SBI Chairman C. S. Setty is ready to revolutionize housing finance! With a bold vision emphasizing accountability and transparency, he’s tackling reckless lending head-on. Developers, listen up: you need 40-50 percent tenant commitment to unlock that construction cash! It’s a game-changer in real estate, and the stakes have never been higher!
few days ago | Press Trust of India
Quick rundown
1.SBI plans to reassess its construction finance policy.
2.Accountability and transparency are key for SBI's interest rates.
3.SBI is building a presence in commercial real estate finance.
4.Developers need tenant commitments for office space finance.
5.SBI's interest rates are linked to MCLR and deposit rates.
