PNB launches housing loans at 10.25%
To increase business in the festival season, Punjab National Bank (PNB) Tuesday said housing loan of up to Rs 2 crore will attract 10.25 percent interest rate and also announced full waiver of processing fee and documentation charges on housing, car and two-wheeler loans.
Aug 26, 2014, 23:32 PM IST
RBI to NBFCs: No pre-payment fine on floating rate term loans
The Reserve Bank Monday directed non-banking financial companies (NBFCs) not to levy pre-payment penalties on floating rate term loans, including housing loans.
Jul 14, 2014, 21:59 PM IST
'Transparency, timely approvals can reduce home prices by 20%'
Priority sector housing loans should be increased to at least Rs 40 lakh per unit, he added.
Jun 19, 2014, 16:10 PM IST
