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- Business Leadership
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- Centrum Housing Finance acquires home loan book of National Trust Housing Fin for Rs 112 crore
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- Centrum Housing has a loan book of over Rs 700 crore now and this deal will take it to cross the Rs 1,000 crore-mark.
In 2002 he gained a Master of Science degree with a specialization in Logistics and Supply Chain from the UK. GRO-BIZ is a structured loan product designed primarily for SMEs looking to grow and expand their business operations. Our sole objective is to provide simple, structured and customized solutions using a combination of traditional methods and superior technology to lower and middle income families. We empower home seekers primarily in tier 2 &3 cities who are under-served by traditional lenders.
She holds a bachelor’s degree in law from University of Delhi and a bachelor’s degree in arts from Meerut University. I have read Privacy Policy and Terms & Conditions and agree to receive newsletters and other communications on this email ID. However, sources told PTI that the Jaspal Bindra-run company has paid around Rs 112 crore for the transaction.
Business Leadership
Centrum Housing has entered into a binding agreement to acquire the housing finance business of National Trust Housing Finance, the Centrum group said in a statement, without disclosing the value of the transaction. Centrum Housing has entered into a binding agreement to acquire the housing finance business of National Trust Housing Finance, the Centrum group said in a statement, without disclosing the value of the transaction. It is our endeavour to work towards being a premier provider of integrated financial services to corporates and individuals .
Under his leadership, the company expanded its Logistics operations from a regional scale to a pan-India scale within the business verticals of Air, Sea, Surface and Rail Cargo movement. Rishad's contemporary management style combined with the family values on which the company was built have influenced steady growth in the face of adversity and global slowdowns. Commercial finance are loans given to businesses to fulfill their daily expense needs, fund their working capital requirements and expansion plans.
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Our offerings carry the stamp of creativity backed by technology, extensive research and efficient execution, earning trust, resulting in long term relationships. A veteran Banker with a successful global MNC career spanning over three decades. He has played a key role in transitioning the Centrum Group, from a pure play financial advisory business to becoming a diversified financial services group. His present focus is on steering Centrum’s Banking venture - Unity Bank into a New Age Digital First Bank.
Nischal moves to Centrum after a long and successful stint as Head of Institutional Equities at Edelweiss Securities Ltd., where he led the large institutional business and equity research team of over 200 in Asia. He was instrumental in taking Edelweiss to the top spot in the Institutional Broking space. He has strong corporate relationships and is well networked in the equity markets and industry, having leveraged his relationships for closing Investment Banking deals as well, at Edelweiss. He leads the diversification and expansion program at Casby and has successfully initiated new businesses such as Solution Design, Warehousing and Refrigerated . He is also involved in the growth of the other Group offerings that include Construction & Real Estate development, Digital Security & Surveillance, telecommunications and Software Development.
Loan against Property – Residential/Commercial
With these businesses now merged into Unity Small Finance Bank, our most recent venture, they are expected to scale up substantially. We are a PAN India Group with a strong leadership team of seasoned professionals with a successful track record, operating out of 140+ cities and with an international presence in Singapore. Project Finance is a tenor-based loan facility to finance projects like road constructions, bridges, real estate’ etc. for corporate bodies, NGO, Governmental parastatals, with maximum duration of 12months. Magicbricks is a full stack service provider for all real estate needs, with 15+ services including home loans, pay rent, packers and movers, legal assistance, property valuation, and expert advice. As the largest platform for buyers and sellers of property to connect in a transparent manner, Magicbricks has an active base of over 15 lakh property listings.
Realty development, especially developing housing projects is her passion. Besides managing the construction business, she is also involved in the family business of shipping, transportation, equipment handling, port related activities & logistics. Our Institutional services include Investment Banking and Broking to FIIs, Pension Funds, Indian Mutual Funds, Domestic Institutions etc. We also provide Wealth Management Services to HNIs and Family Offices, Affordable Housing finance in tier 2 & 3 cities and Retail Broking services. Our Asset Management business has funds across Private Debt and Venture Capital.
The calculator will show the savings on each EMI and proposed EMI, and other factors that will help you make an informed decision, in case you make a balance transfer to Poonawalla Fincorp. Serving Moncton and surrounding areas in both French and English to ensure we provide easy and effective communication throughout the entire mortgage process. Raji has over 33 years of experience, of which she has spent 16 years with Larsen & Tubro. Her last assignment was with L & T Financial Services where in she was serving as Group General Counsel. Additonially, through her career she has worked with Batliboi Environmental Engineering Ltd. and Brittania Industries. Raji has completed her Bachelor in Science – Micro Biology, Diploma in Business Management and Masters in Constitutional Law & International Law.
Under the leadership of Mr. Kamath, PNB’s rank improved from 186th to 175th in The Banker’s Top 1000 Banks of the World. Prior to moving to PNB, Mr. Kamath was CMD of Allahabad Bank and Executive Director of Bank of India. Mr. Rishad Byramjee is the Managing Director of the Casby Logistics Group of Companies since 2003. Established in 1857, the company is a market leader in stevedoring activities India. Prior to taking on his current post, Rishad was actively involved in the Operations of the family business.
You will now receive updates on the new insightful blog, company announcement, product offering, & more. As per section 24B of the Income Tax Act, you can claim a deduction of Rs. 2,00,000 if you take possession or construct a house within the first 5 years once you take a home loan. If the period of 5 years exceeds, you will be able to claim only Rs. 30,000. As per Section 80C of IT Act, a deduction of up to Rs. 1,50,000 can be claimed every year for repaying the principal on properties that are both rented and self-occupied. To qualify for this benefit, you must avoid selling the property till it completes 5 years from the date of possession.
He brings a wide array of professional and industry contacts, a deep understanding of Housing Finance, Consumer Finance, Retail Banking, Treasury Management, Internal Audit, etc. Our home loan tax benefit calculator enables you to get an estimate of the amount of tax that you can save by claiming deductions as per the Income Tax act. As per the Income Tax Act , you can receive tax benefits on both home loan components i.e. the principal and interest amount.
To qualify for a higher loan amount, increase the loan tenure as it cuts down the EMIs. Applying jointly for a home loan might also improve your home loan eligibility. Your home loan eligibility is calculated on the basis of your salary, age, credit score, ongoing financial obligations, credit history, and several other factors. By checking your eligibility with this calculator, you will know about the eligible loan amount.
The calculator also gives you an idea if you can avail of a more flexible and longer tenure upon transferring the loan balance to Poonawalla Fincorp. Moncton is a beautiful place to live and the team at Centum Home Lenders has been helping clients across Atlantic Canada find the right property to call home. Drawing on years of experience, our mortgage experts are here to support you and your goals. Sushen has close to 25 years of rich experience largely in the Banking & Financial Service Industry. Sushen has completed Executive Leadership Program from Oxford and INSEAD post his Master’s degree. Sriram Venkatasubramanian holds an engineering degree from BITS, Pilani and a PGDM from IIM, Bangalore.
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