Business Standard

Sbicap Trustee Company

Real estate firms paying up to 15% interest rate on loans amid slowdown

"Construction finance has become difficult even for good companies. Even public sector banks are charging at 13.5 per cent," said Mayur Shah, managing director of Marathon Realty.

Real estate firms paying up to 15% interest rate on loans amid slowdown
Updated On : 24 Feb 2020 | 1:47 AM IST

Decide on ways of financing Amrapali project within 10 days: SC to SBICAP

The Centre has submitted that the State Bank of India has been appointed as a fund manager and it will disburse the amount based on certain norms after an application is made by a real estate entity.

Decide on ways of financing Amrapali project within 10 days: SC to SBICAP
Updated On : 18 Dec 2019 | 10:04 PM IST

SBICAP seizes Kingfisher Airline brand as part of loan recovery

UB Ltd has the sole right to the Kingfisher mark in the beer category and no other entity has any lien on it: Shekhar Ramamurthy

SBICAP seizes Kingfisher Airline brand as part of loan recovery
Updated On : 11 Mar 2016 | 1:06 AM IST