Borrowing Home Loan
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In Shocking Debt Spiral, Singapore Man's Rs 1.7 Crore Loan Balloons To Rs 147 Crore. Here's How
Justice Philip Jeyaretnam ordered a retrial, stating the debt's growth "shocked the conscience".
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RBI Cuts Repo Rate To 5.50%: What This Means
The repo rate is the interest rate at which the RBI lends money to commercial banks.
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RBI Instructs Bank To Provide Borrowers Option To Switch To Fixed Interest Rates
The Reserve Bank on Friday asked banks and other lenders to provide individual borrowers an option of switching over to a fixed rate at the time of reset of interest rates.
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RBI To Reset Floating Rate Loans: How It Impacts Home Loan Borrowers
Reserve Bank of India (RBI) has announced a transparent framework will be introduced to reset interest rates on floating-interest loans such as home loans.
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Unable To Repay Loan, Kashmir Man Stages Own Kidnapping
Unable to repay money borrowed from neighbours for his daughter's marriage, a Jammu and Kashmir resident staged his own "kidnapping" and fled from home, but was traced by police within 24 hours of receiving a complaint.
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Assam Law Soon To End Doorstep Harassment By Microfinance Lenders
The Assam government is all set to bring in a law that will prevent agents of microfinance firms to show up at the homes of borrowers to recover loans, Finance Minister Himanta Biswa Sarma said on Wednesday.
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Unable To Repay Rs 9,000 Loan, Madhya Pradesh Farmer Commits Suicide
A farmer committed suicide in Chhindwara in Madhya Pradesh, the home constituency of Chief Minister Kamal Nath. Akadu Ooeke, a resident of Meghasiwni village, was found hanging from a shed in his field this morning.
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Saudi Arabia's $32 Billion Bid to Build Private Mortgage Market
Saudi Arabia plans to spend 120 billion riyals ($32 billion) on subsidized home loans for borrowers, as it seeks to create conditions for an expanded private-sector role in a mortgage market dominated by the government.
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SBI Offers Home Loan At 8.35%: Five Things To Know
Eligible borrowers of SBI home loans can also avail an interest subsidy up to Rs. 2.67 lakh under the Pradhan Mantri Awas credit-linked subsidy scheme.
-
In Shocking Debt Spiral, Singapore Man's Rs 1.7 Crore Loan Balloons To Rs 147 Crore. Here's How
Justice Philip Jeyaretnam ordered a retrial, stating the debt's growth "shocked the conscience".
-
RBI Cuts Repo Rate To 5.50%: What This Means
The repo rate is the interest rate at which the RBI lends money to commercial banks.
-
RBI Instructs Bank To Provide Borrowers Option To Switch To Fixed Interest Rates
The Reserve Bank on Friday asked banks and other lenders to provide individual borrowers an option of switching over to a fixed rate at the time of reset of interest rates.
-
RBI To Reset Floating Rate Loans: How It Impacts Home Loan Borrowers
Reserve Bank of India (RBI) has announced a transparent framework will be introduced to reset interest rates on floating-interest loans such as home loans.
-
Unable To Repay Loan, Kashmir Man Stages Own Kidnapping
Unable to repay money borrowed from neighbours for his daughter's marriage, a Jammu and Kashmir resident staged his own "kidnapping" and fled from home, but was traced by police within 24 hours of receiving a complaint.
-
Assam Law Soon To End Doorstep Harassment By Microfinance Lenders
The Assam government is all set to bring in a law that will prevent agents of microfinance firms to show up at the homes of borrowers to recover loans, Finance Minister Himanta Biswa Sarma said on Wednesday.
-
Unable To Repay Rs 9,000 Loan, Madhya Pradesh Farmer Commits Suicide
A farmer committed suicide in Chhindwara in Madhya Pradesh, the home constituency of Chief Minister Kamal Nath. Akadu Ooeke, a resident of Meghasiwni village, was found hanging from a shed in his field this morning.
-
Saudi Arabia's $32 Billion Bid to Build Private Mortgage Market
Saudi Arabia plans to spend 120 billion riyals ($32 billion) on subsidized home loans for borrowers, as it seeks to create conditions for an expanded private-sector role in a mortgage market dominated by the government.
-
SBI Offers Home Loan At 8.35%: Five Things To Know
Eligible borrowers of SBI home loans can also avail an interest subsidy up to Rs. 2.67 lakh under the Pradhan Mantri Awas credit-linked subsidy scheme.
