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 | Sunday September 27, 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.
Tuesday June 23, 2015
Credit information company Cibil has said the proportion of bad loans in the housing segment has more than halved in the past five years.
Monday June 8, 2015
After comparing various home loan schemes available in the market, let's say you find the lender offering the best interest rates. Does that mean you can go in for the big purchase now?
Thomson Reuters | Tuesday June 2, 2015
Some other smaller state lenders also announced base lending rate cuts of between 25 and 30 basis points.
Tuesday June 2, 2015
Equated monthly installments on home and auto loans are likely to come down after State Bank of India announced a 15-basis point reduction in base rate on Tuesday. New rates would be effective June 8.
Saturday May 30, 2015
State Bank of India, the country's largest lender, on Friday launched an online customer acquisition solution through which one can apply for home, car, education and personal loans online.
Tuesday May 26, 2015
Corporation Bank on Tuesday cut base rate or minimum lending rate by 0.25 percentage point, a move which will lead to lower EMIs for its customers.
Thursday May 28, 2015
Buying your first house on a loan comes with multiple tax benefits. These deductions not only reduce your tax outgo but also help in managing your cash flows better.
Sunday May 17, 2015
The average property value of housing units has appreciated to an all-time high of over Rs 52 lakh, while the annual income of the homebuyer has grown to near Rs 12 lakh, also a record high level, shows the data compiled by HDFC.
Saturday May 16, 2015
In the desperation to make things right, one may end up making some mistakes that actually do more harm than good.