Friday November 13, 2015
Indiabulls Housing Finance shares were headed for one of their biggest falls after crashing over 18.5 per cent on Friday. The home loan company founded by IITian Sameer Gehlaut on Thursday announced the acquisition of 40 per cent stake in UK-based OakNorth Bank for $100 million or nearly Rs 650 crore. Traders say Mr Gehlaut's decision has not gone ...
Press Trust of India | Sunday November 1, 2015
The objective of the scheme started by her predecessor O P Bhatt in late 2011, she said, was to help fresh home loan borrowers get some breathing space in initial years as they would have exhausted their resources while buying the new property.
Creditvidya.com | Sunday October 25, 2015
The festival season is here! It's time for new beginnings and shopping and sweets and celebrations. Almost on a cue, on September 29th Dr Raghuram Rajan announced rate cut which prompted some banks to follow suit and lower their lending rates. This is expected to bring cheer to the home loan market and move the almost stagnant realty sector.
Press Trust of India | Friday October 9, 2015
RBI's move to lower loan-to-value ratios and risk weights for individual housing loans can help bring down interest rates on home loans by another 25-30 basis points over the next few months, says a report.
NDTV | Friday October 9, 2015
Shares in banking and housing finance companies outperformed broader markets on Friday after the Reserve Bank announced a reduction of risk weightage for housing loans up to Rs 75 lakhs.
Press Trust of India | Thursday October 8, 2015
Banks can now provide home loans up to 90 per cent for properties that cost Rs 30 lakh or below, the Reserve Bank of India (RBI) said on Thursday.
Press Trust of India | Wednesday October 7, 2015
Axis Bank, the country's third largest private lender, on Tuesday introduced a new slab for its home loan borrowers with offers starting at 9.60 per cent.
Press Trust of India | Tuesday October 6, 2015
In case of both women and salaried borrowers for floating rates, the Chanda Kochhar-led bank has increased its spreads or mark-up over base rate paid by a borrower by 0.10 per cent.
Press Trust of India | Monday October 5, 2015
HDFC's rate cut comes as good news for those who pay home loans EMIs (equated monthly instalments) or are looking to take a loan.
Press Trust of India | Sunday October 4, 2015
State Bank of India (SBI) may have cut its base lending rate by 40 basis points to 9.3 per cent following the Reserve Bank's latest policy rate cut, but home loan customers of the country's largest lender will have to pay up to 0.7 per cent above the base rate, and interest of as much as 10 per cent for their loans.
NDTV | Thursday October 1, 2015
The rate cut is expected to bring cheer to consumers who pay home loans EMIs (equated monthly instalments) or are looking to take a loan.
India News | Written by Ketki Angre | Tuesday September 29, 2015
Reserve Bank of India Governor Raghuram Rajan on Tuesday morning cut the benchmark repo rate by 50 basis points to a four-and-a-half-year low of 6.75 per cent in a surprise move. His remark that it was no Diwali gift may have got a few laughs but that's exactly what many home buyers are hoping for.
NDTV | Tuesday September 29, 2015
Reserve Bank Governor Raghuram Rajan on Tuesday cut the benchmark repo rate by 50 basis points to a 4-1/2-year low of 6.75 per cent in a surprise move.
BankBazaar.com | Monday November 2, 2015
Banks have in recent times greatly increased their focus on lending. Consequently, the loan disbursal process has gained speed. At the same time, banks are worried over the increasing number of loan defaults and are unwilling to waive off certain credit norms.
Press Trust of India | Monday September 21, 2015
Federal Bank on Monday announced a limited period offer to halve the processing fees for applications in the competitive home and car loans segments.
BankBazaar.com | Sunday September 6, 2015
If you are unhappy with your home loan, you can get it transferred to a different bank that offers better interest rates and services. However, there are many things you should consider before taking this step.
NDTV | Tuesday September 1, 2015
In good news for home and auto loan borrowers, HDFC Bank has slashed its base rate, or minimum lending rate, a move that is expected to be followed by other major banks.
Press Trust of India | Wednesday August 26, 2015
It will help customers raise the eligible amount by up to 20 per cent and increase the tenure by up to seven years, MD and CEO Chanda Kochhar told reporters here.
Press Trust of India | Monday August 10, 2015
ICICI Bank, India's largest private sector lender, on Monday said it will offer loans of up to Rs 15 lakh at base rate, which is the minimum lending rate, in rural areas.
Harshala Chandorkar, CIBIL | Friday August 14, 2015
If a customer partly pays the dues and settles a loan or credit card then the status will reflect as 'settled' in his credit report.
BankBazaar.com | Wednesday August 5, 2015
After having researched for a suitable lending partner, most investors exhibit haste at this point to get their loan disbursed and skip past the details of the loan agreement.
Harshala Chandorkar, CIBIL | Saturday August 1, 2015
Sometimes you may want to buy a house of a greater value, but you may not be eligible for a higher amount of loan from the bank. This is where opting for a joint loan comes handy.
Press Trust of India | Saturday July 4, 2015
State Bank of India, the country's largest lender, on Friday launched an initiative to expedite its home loan application process and provide doorstep services.
AgenceFrance-Presse | Friday July 3, 2015
Rekik spent last season back home on loan at Dutch champions PSV Eindhoven before moving to the south of France from Manchester City. Ocampos, also 20, joins from Monaco after already playing with Marseille for the second half of the last season on loan.