-
Home Loans to become cheaper 03 August 2012
The National Housing Bank, regulator for home finance firms has also followed the tracks of SBI, which has reduced the home and auto loan rates, by lowering the refinance rates under a special scheme. According to this scheme the refinance...
Keywords: RBI, home loan, low-income, RBI
Read MoreSBI Home Loans To Turn More Cheaper 07 May 2020
SBI Home Loans To Turn More Cheaper:- State Bank of India, the country's largest bank today reduced the marginal costs of funds based on Lending Rate (MCLR) by 15 basis points for all its customeers. With this, the lending rate...
Keywords: SBI Home Loans new plans, SBI Home Loans updates, SBI Home Loans new plans, SBI Home Loans new plans
Read MoreEdelweiss HFL forays into south, opens in Hyd 28 March 2012
Edelweiss offers a wide range of Housing Finance products that are designed to address a variety of financing needs in the shortest possible time. The Mumbai finance Company vies strategic south location for operations. In its initial foray in to...
Keywords: Hyderabad branch, Home loans, Hyderabad branch, Strategic plans
Read MoreRBI keeps rates unchanged 03 February 2015
The Reserve Bank of India has kept its Policy Repo Rate and cash reserve ratio [CRR] unchanged at 7.75 percent and 4.0 percent respectively. Citing the currently and evolving macro-economics situation, RBI took this decision, however, the statutory liquidity ratio...
Keywords: fiscal year, statutory liquidity ratio, cash reserve ratio, lending rates
Read MoreInflation at 5 years low 15 September 2014
The Wholesale Price Inflation [WPI] eased to a near five-year low of 3.74 per cent in August which eased the pressured on NDA government. Decline in fuel prices led to this figures and analysts predict that inflation will come down...
Keywords: NDA government Repo Rate, Inflation, Home loans, Home loans
Read MoreLower interest on education loan from today: SBI 20 February 2012
For a loan of Rs 4 lakh, interest rate will be down by 25 bps to 11.75 per cent; for loans in the Rs 4-7.5 lakh range, the rate is down 100 bps to 12.50 per cent, while for loans...
Keywords: liability committee home loans, Pratip Chaudhuri, Lower interest on education loan from today, SBI Chairman
Read More30 Years payment plan for Home Loans 22 October 2011
After worrying by the government and suspecting prospects to asset quality, a number of state-run banks, led by SBI, Central Bank, Syndicate and Canara, have decided to raise home loan tenors to 25 to 30 years or till the borrower touches...
Keywords: , plan, payment, Loans
Read MoreRBI hikes interest rates unexpectedly to stem inflation 29 January 2014
The Reserve Bank of India (RBI) on Tuesday increased the Repo Rate from 7.75% to 8 by a margin of 0.25% in the policy meeting. This is third hike from the new governor of RBI Raghuram Rajan ever since he...
Keywords: Reserve Bank of India, home loans and car loans, Raghuram Rajan, Rupee value
Read MoreHome loans up to Rs 10 lakh become easier 06 March 2015
RBI on March 6th eased the norms for home loans for up to Rs 10 lakh by allowing banks to include stamp duty and registration charges to the cost of a unit, which gives a boost to affordable housing. "With...
Keywords: RBI, RBI, Home loans up to Rs 10 lakh, Home loans up to Rs 10 lakh
Read More