GPL, real estate development arm of Godrej Group, will showcase its sustainable homes, while ICICI Bank will provide an attractive proposition for home loans
Godrej Properties (GPL) said it has signed an agreement with ICICI Bank for promoting housing projects and providing financial services to customers in various geographies.
"We will be launching various promotions for our residential properties across India. With current inflation and increased home loan rates, customers are finding it difficult to invest in their dream home. We hope these offers benefit our customers and make purchasing a home more affordable for them," GPL executive director Pirojsha Godrej said. Under the tie-up, both organisations will host various co-promotional activities for customers in the country as well as for NRIs in the UAE, Singapore, the US and the UK, GPL said in a release. GPL, real estate development arm of Godrej Group, will showcase its sustainable homes, while ICICI Bank will provide an attractive proposition for home loans.
"ICICI Bank has always taken pride in providing effective financial products and enhanced service to our customers. We are happy to associate with Godrej Properties and look forward to mutually help customers to realise their dream home," the bank's executive director, Rajiv Sabharwal, said.
On Thursday, GPL closed at Rs681.50 per share on the Bombay Stock Exchange, 0.32% up from the previous close.
According to the HDFC Bank website, for closure of savings account, the Bank customer, depending on the nature and tenure of his account, will have to pay a fee of Rs500
Private lender HDFC Bank, with the highest proportion of low-cost deposits to total, said that it has raised charges on closure of savings bank accounts and other services as it attempts to hold its customers from flocking to competitors who offer higher rates on these deposits.
According to the HDFC Bank website, for closure of savings account, the Bank customer, depending on the nature and tenure of his account, will have to pay a fee of Rs500 and if the average monthly balance falls below Rs20,000 in non-urban centres, it will charge Rs500 a month.
L&T Mutual Fund new issue closes on 21st December
L&T Mutual Fund has launched L&T Short Term Debt Fund, an open ended debt scheme.
The investment objective of the scheme is to generate returns for investors with a short-term investment horizon by investing in fixed income securities of shorter term maturity. The new issue closes on 21st December. The minimum investment amount is Rs5,000.
CRISIL Short Term Bond Fund Index is the benchmark index. Bekxy Kuriakose is the fund manager.