It’s important to have strong financial plan and avoid missteps while availing a home loan.
24 Dec 2019 12:33 PM
Banks disbursed Rs 2.52 lakh crore of loans in October and Rs 2.39 lakh crore in November.
03 Dec 2019 7:40 PM
SBI is the lead banker in 48 districts across the country. Likewise, BoB is the lead banker in 17 out of 250 districts in the first phase.
02 Oct 2019 5:04 PM
A home loan is termed a ‘good’ loan since it helps you own an actual property that gains value over the period of time.
30 Sep 2019 2:40 PM
The external benchmark for all floating rate loans for MSME, housing and retail loans effective October 1, 2019.
23 Sep 2019 11:05 AM
PTCs issued in mortgaged-backed securitisation should be mandatorily listed if the securitisation pool is larger than Rs 500 cr.
10 Sep 2019 8:59 AM
The one-year MCLR will come down to 8.15 per cent per annum from 8.25 per cent per annum from Tuesday.
09 Sep 2019 11:09 AM
Home loans up to Rs 75 lakh with a tenure of up to 35 years will be offered at interest rate of 8.30 per cent per annum onwards.
30 Aug 2019 3:26 PM
The move will also lead to cheaper working capital loans for industry.
24 Aug 2019 12:48 PM
The new one-year MCLR or the marginal cost based lending rates will come down to 8.25 per cent from 8.40 pc annum.
07 Aug 2019 2:45 PM
Even a slight difference in their interest rates can lead to a significant difference in the overall interest cost of the loan.
01 Aug 2019 12:32 PM
A cut of 5-10 bps will not take down home loan interest rate instantly for the existing home loan borrower.
24 Jul 2019 1:21 PM
Many, however, rued that real estate sector was not given 'industry' status and no stress fund got created for stalled projects.
05 Jul 2019 7:17 PM
The reduction in interest rate will help boost credit growth, helping arrest the slowdown in the economy
06 Jun 2019 2:02 PM
One basis point is one hundredth of a percentage point.
09 Feb 2019 2:15 AM
The overall home finance segment registered a 16.8 per cent growth over the year-ago period.
01 Jan 2019 5:34 PM
The company's home loan disbursement was likely to grow by nearly 40 per cent to Rs 3,700 crore.
28 Nov 2018 4:12 PM
Increase in rate of interest is a matter of concern for homebuyers who are planning to buy a house at this time.
05 Jul 2018 8:57 AM
There are several types of loans currently available in market — be it home, education, personal, car or others. Loans however, are not free of cost.
16 Jun 2018 7:59 AM
The reverse repo rate, at which it borrows from banks, was also raised by similar proportion to 6 per cent.
06 Jun 2018 5:03 PM