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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: home loan, home loan, low-income, Auto Loan
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SBI 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 interests, SBI Home Loans latest, SBI Home Loans updates, SBI Home Loans
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RBI 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: monetary policy review, RBI, fiscal year, current account deficit
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Edelweiss 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: Strategic plans, Hyderabad branch, Hyderabad branch, Hyderabad branch
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Lower 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: SBI Chairman, SBI Chairman, SBI Chairman, liability committee home loans
Read More Inflation 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: Stock markets, Wholesale Price Inflation, car loans, Reserve Bank of India
Read More 30 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: , Years, Loans, plan
Read More RBI 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: Repo Rate, governor of RBI Raghuram Rajan, Rupee value, consumer inflation
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Home 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: housing loans, RBI, housing loans, RBI
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