HOME LOAN CALCULATOR
Banking sector eyes better days on reforms, bad loan resolution
The government unveiled measures over the past few months aimed at improving liquidity in the system.
SBI reduces external benchmark rate by 25 bps; loans to get cheaper
The revised effective benchmark lending rate of 7.8 percent (down from 8....
Bad loan provisioning may swell by Rs 30,000 crore in Q3
DHFL, Reliance Home Finance, KKR-backed CCD and CG power could add to the woes of In...
HDFC sold individual loans worth Rs 21,066 cr to HDFC Bank in 2019
HDFC was allotted 9.89 per cent in Bandhan Bank against the 38 per cent stake it held in Gruh.
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.
HFCs double their share in builder loans over 4 years
Public sector banks’ exposure to the segment nearly halves since 2016
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.
Non-banks increase share of builder loans: RBI study
Over the past four years, total financing to real-estate companies nearly doubled to Rs 2.01 lakh crore, the central bank’s Financial Stability Report published Friday showed.
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 cent, the state-run lender said in a release.
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.
Manappuram Finance on track to achieve 10% loan growth in FY20: VP Nandakumar
The Bimaru states are showing better growth because of lower competition amongst organised lenders.
Top 10 banks' home loan interest rates
These 10 banks are offering the lowest home loan interest rates for salaried individuals.
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
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