home loans

HDFC cuts home loan rate by 0.2%; EMIs to come down

Country's largest mortgage firm HDFC Friday cut home loan rate by 0.2 percent to 9.9 percent for new as well as existing borrowers.

Apr 10, 2015, 21:42 PM IST

RBI eases norms for home loans for up to Rs 10 lakh

Giving a boost to affordable housing, the RBI Thursday 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.

Mar 05, 2015, 21:57 PM IST

RBI slashes lending rate by 0.25%; EMIs on home, auto loans to come down

In its second surprise rate cut within two months, RBI on Wednesday slashed benchmark interest rates by 0.25 percent, a move that may bring down EMIs for home, auto and other loans and give a boost to the economy.

Mar 04, 2015, 11:12 AM IST

RBI monetary policy review today, will loans get cheaper?

The Reserve Bank of India (RBI), which last month announced a surprise rate cut of 25 basis points after maintaining a hawkish monetary stance for 20 months, is scheduled to undertake its sixth bi-monthly monetary policy review, 2014-15 on Tuesday.

Feb 03, 2015, 03:06 AM IST

SBI home loans rocking at Rs 188 cr a day; targets Rs 250 cr

Year-to-date, the home loan sanctions stood at Rs 20,032 crore as against Rs 18,500 crore a year ago.

Oct 26, 2014, 14:33 PM IST

Bajaj Fin housing arm aims to give Rs 2Kcr home loans in FY16

A typical loan to the self-employed would be between Rs 1.2 crore and Rs 1.3 crore, while a loan to a salaried person would be between Rs 75 lakh and Rs 80 lakh, Jain said.

Sep 21, 2014, 12:38 PM IST

RBI asks bankers to be innovative on home loans

Reserve Bank Deputy Governor R Gandhi Wednesday asked lenders to be more financially innovative in designing home loan products and suggested creation of a periodic deposit-linked facility.

Aug 20, 2014, 23:26 PM IST

Home loans to businessmen riskier than salaried class: Report

Housing loans to self-employed people are more "susceptible to default" than those given to the salaried class due to possible volatilities in income, India Ratings said today.

Jul 24, 2014, 16:45 PM IST

Home loan EMI of affordable houses may fall by 8-10%: KPMG

EMI on home loans is expected to come down by 8-10 percent following the RBI's move to ease norms for banks to raise long term funds for financing affordable housing projects, consultant KPMG said on Wednesday.

Jul 16, 2014, 20:54 PM IST

CREDAI seeks tax sops on affordable homes, lower interest rate

Realtors body CREDAI Monday sought tax incentives on development of affordable housing projects and interest rate reduction on home loans to below 7 percent in their budget wish-list to boost growth in the sector.

Jun 30, 2014, 21:46 PM IST