HOME LOAN EMI
Bank of India eyes Rs 10,000 cr loan sales in special drive
"Our focus through this initiative is the MSME sector as demand from the corporate sector is not high," state-run Bank of India executive director CG Chaitanya told reporters. "Each zone has been given a disbursement target of Rs 200 crore during this initiative. We are aiming to disburse anything between Rs 7,500 and Rs 10,000 crore," he added.
UCO Bank cuts MCLR by 10 basis points across tenors
The revised one-year MCLR now stands at 8.30 per cent, down from the existing 8.40 per ce...
Actual retail loan growth could be lower: Report
Bulk of figures reflect the lending for purchase of NBFCs securitised retail loan pool, a re...
HDFC Bank cuts MCLR by up to 15 bps
Private sector lender, HDFC Bank, cut its marginal-cost based lending rate (MCLR) for all tenors by 15 basis points (bps). According to the bank’s website, it has cut the 6-month MCLR by 10 bps to 8 percent, 1-year rate by 15 bps to 8.15 percent
SBI reduces one-year MCLR by 10 bps
According the bank’s press release, this is its eighth consecutive MCLR cut this financial year.
Leaving the nest to study abroad is hard. 3 ways a Student Travel Insurance is one of your most trusted friend in a foreign country
From farm to home, M&M Financial is doubling down on digital sales
M&M Financial cleverly evolved its business model to be on the right side of the evolving rural India scene.
Does your spouse lie to you about money? Here's how to deal with financial infidelity
Financial infidelity is more common than we think. There are some harmless forms, where the couple simply hides a spend to avoid an argument. Then there are serious forms where the family’s long-term financial goals are put to risk.
RBI keeps repo rate unchanged: What does this mean for your loans and fixed deposits?
The Reserve Bank of India, in its monetary policy review today, kept the repo rate unchanged at 5.15%
Suraksha Realty hopeful of getting favourable vote of lenders, home buyers on Jaypee bid
A Committee of Creditors (CoC) on Saturday decided that home buyers and lenders of Jaypee Infratech will vote on the bids of state-owned NBCC Ltd and private sector firm Suraksha Realty at the same time.
Canara Bank to dilute 30% stake in Can Fin Homes in next 10 days
It added that numerous PE players have submitted bids and Baring was a lead bidder.
Top 5 banks' home loan interest rates
The Reserve Bank of India has directed banks to link their lending interest rate to an external benchmark rate such as repo rate. The aim is to provide greater transparency and faster transmission of changes in the policy rates.
Home loan interest rates linked to repo rate
Here are the interest rate on home loans charged by the banks under the external benchmark regime. The interest rate is liked to the RBI repo rate. The table given below is applicable to salaried individuals and self-employed persons.
Top 10 banks' home loan interest rates
These 10 banks are offering the lowest home loan interest rates for salaried individuals.
Home First Finance plans IPO to raise up to Rs 1,500 crore
Axis Capital, Credit Suisse, ICICI Securities and Kotak Mahindra have been appointed by the company for the share sale.
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