Sun, Apr 14, 2019
Availing a loan used to be a hectic task some time back but advancement in living standards, easy credit facilities, easy EMI options and luxury living has made it easy. However, it has also made a burden named EMI a part of our lives.
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Tue, Mar 26, 2019
According to RBI guidelines, there are minimum standards that banks are required to follow when they sell a home loan to any individual.
Tue, Aug 07, 2018
It is a loan that is given over and above the existing loan and can be availed across all the categories - personal, business, home, vehicle or any other secured loan. With festival season around the corner, the time when people make some of their biggest purchases and take up home renovation work, there is a surge in demand for all types of loans, said lenders.
Wed, Jun 07, 2017
Housing loan may see major boost with the reduction in loan to value and risk weight ratio. This gives more to room for banks to give loans to genuine home buyers.
Wed, May 17, 2017
Since last week, the banks have been reducing home loan rates to give a push to Prime Minister Narendra Modi's vision "Affordable Housing to all by 2022".
Tue, May 16, 2017
Earlier HDFC Bank had a flat rate of 8.50 percent for all types of borrowers. With this, the three largest players (SBI, ICICI Bank and HDFC Bank) offer similar prices for new affordable home loans.
Tue, Jan 03, 2017
Gagan Banga, Vice Chairman and Managing Director of Indiabulls Housing Finance said, "IBHFL's diversified funding mix and ALM-matched nature of our liabilities has enabled the company to reduce home loan rates by 45 basis points. Home loan rates are now at their lowest in six years and tremendously improves the buyers affordability."
Vijay Agrawal, Executive Director, Equirus Capital said, "Cut in interest rates is likely to give a big push in offtake. Reduction in home loan EMI will increase purchasing capacity of home buyers."
Mon, Jan 02, 2017
At 1148 hours, the shares of the bank were trading at Rs 244 per piece.
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