How to make money as a lender today
Work somewhere else -- or at least one would think so from the Bloomberg story today:
Housing Development Finance Corp., the Indian lender part owned by Citigroup Inc., said second-quarter profit rose 76 percent on demand from homebuyers in the world's fastest-growing major economy after China. ...Borrowers have withstood nine increases in interest rates since October 2004 as salaries rise in the $906 billion economy and the government offers tax rebates to homebuyers. Wages may grow about 15 percent this year, the fastest in the Asia-Pacific region, according to Hewitt Associates Inc., a U.S.-based human resources company.
Sign up for the At Home newsletter 
