Home Loan

A 24-year-old government employee was arrested for allegedly killing his colleague, wrapping his body in polythene, and burying it in a vacant house in his neighbourhood in southwest Delhi's RK Puram area, the police said on Wednesday.

India must overcome challenges posed by oil and climate-related issues to remain the fastest growing large economy in the world, HDFC Bank Director Keki Mistry said.

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.

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.

The Reserve Bank today said it will come out with a framework allowing borrowers to switch to fixed interest rate from floating interest rate, a move that would provide relief to borrowers of home, auto and other loans reeling under the impact of high interest rate.

Noted art director Nitin Chandrakant Desai, who was found dead at his studio in Maharashtra's Raigad, had defaulted on a Rs 252-crore loan to its financial creditor, and a bankruptcy court had admitted an insolvency petition against his firm.

Amid the government crackdown on illegal loan apps, research firm Chase India in a report on Tuesday proposed setting up a self-regulatory organisation (SRO) for the digital lending industry.

India's sharp rise in interest rates has left many homeowners in an unenviable position: Having a mortgage they'll still be paying decades after they should have retired.

The government will revoke the ban imposed on fintech firms LazyPay and Kissht after representations were made by these companies, a senior official said on Friday. The Ministry of Electronics and Information Technology (MeitY) issued blocking orders on Saturday, based on an emergency request.

The IT ministry has given 48 hours to banned websites and apps to prove their genuineness, a senior government official said on Thursday.  Another senior official from the ministry said the ban has been imposed on the platforms because their businesses were not genuine. The government last week ordered blocking of 232 apps operated by overseas ent...

Ministry of Electronics and IT (MeitY) has issued orders to block these apps following instructions from Ministry of Home Affairs.

The CBI alleged that ICICI Bank sanctioned credit facilities to the tune of Rs 3,250 crore to the companies of Videocon Group in violation of the Banking Regulation Act, RBI guidelines and the credit policy of the bank.

Vikas Wadhawan, Group CFO, Housing.com, Makaan.com & PropTiger.com, said "Despite the steady climb in home loan interest rates, customers have been interested in locking in lower prices rather than fretting about mortgage interest rates."

In the scenario of rising interest rates, here's how you can calculate your loan cost.

The companies said in separate statements today said this loan will help close the urban housing gap and improve access to climate-smart affordable homes by boosting green housing.

A 24-year-old government employee was arrested for allegedly killing his colleague, wrapping his body in polythene, and burying it in a vacant house in his neighbourhood in southwest Delhi's RK Puram area, the police said on Wednesday.

India must overcome challenges posed by oil and climate-related issues to remain the fastest growing large economy in the world, HDFC Bank Director Keki Mistry said.

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.

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.

The Reserve Bank today said it will come out with a framework allowing borrowers to switch to fixed interest rate from floating interest rate, a move that would provide relief to borrowers of home, auto and other loans reeling under the impact of high interest rate.

Noted art director Nitin Chandrakant Desai, who was found dead at his studio in Maharashtra's Raigad, had defaulted on a Rs 252-crore loan to its financial creditor, and a bankruptcy court had admitted an insolvency petition against his firm.

Amid the government crackdown on illegal loan apps, research firm Chase India in a report on Tuesday proposed setting up a self-regulatory organisation (SRO) for the digital lending industry.

India's sharp rise in interest rates has left many homeowners in an unenviable position: Having a mortgage they'll still be paying decades after they should have retired.

The government will revoke the ban imposed on fintech firms LazyPay and Kissht after representations were made by these companies, a senior official said on Friday. The Ministry of Electronics and Information Technology (MeitY) issued blocking orders on Saturday, based on an emergency request.

The IT ministry has given 48 hours to banned websites and apps to prove their genuineness, a senior government official said on Thursday.  Another senior official from the ministry said the ban has been imposed on the platforms because their businesses were not genuine. The government last week ordered blocking of 232 apps operated by overseas ent...

Ministry of Electronics and IT (MeitY) has issued orders to block these apps following instructions from Ministry of Home Affairs.

The CBI alleged that ICICI Bank sanctioned credit facilities to the tune of Rs 3,250 crore to the companies of Videocon Group in violation of the Banking Regulation Act, RBI guidelines and the credit policy of the bank.

Vikas Wadhawan, Group CFO, Housing.com, Makaan.com & PropTiger.com, said "Despite the steady climb in home loan interest rates, customers have been interested in locking in lower prices rather than fretting about mortgage interest rates."

In the scenario of rising interest rates, here's how you can calculate your loan cost.

The companies said in separate statements today said this loan will help close the urban housing gap and improve access to climate-smart affordable homes by boosting green housing.