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On the New Year eve, Prime Minister Narendra Modi urged lenders to broaden their focus to the vast range of poorly served borrowers from the poor to the middle class. A day after both public and pr..
Mumbai: Country's largest lender State Bank of India (SBI) has announced cut in its home loan rates as per media reports.
The Times of India report said that “home loans for women (o..
With neither any changes in income tax slabs or rates, nor any enhancement in the limit for permissible tax saving investments under section 80C, a salaried individual may be led to believe that Bu..
MUMBAI: Banks have turned active in giving out home loans for as long as 30 years for the first time since credit crisis days as they attempt to revive demand in high-end home purchases which has c..
2016 may be a good year to buy a home. Property prices have remained stagnant for almost a year. While the quoted inventory prices may not have changed, better deals are available in terms of spot ..
DEHRADUN: Under the 'Housing For All' scheme of PM Awaas Yojna, taxpayers in the city who have ownership of land and are earning anywhere between Rs 3 lakh to 6 lakh can now avail a loan of Rs 6 la..
New Delhi: After goading banks, without much success, to pass on full benefits of policy rate cuts to borrowers, Governor Raghuram Rajan Tuesday said the Reserve Bank will this week issue guideline..
Mumbai - The RBI's move to lower loan-to-value ratios and risk weights for individual housing loans can help bring down interest rates on home loans by another 25-30 basis points over the next few ..
Opting for a home loan could be considered one of the most important financial decisions one makes. It helps create an asset which is dearest to many - a home! So, how does one ensure that he/she b..
Mumbai: RBI's move to lower loan-to-value ratios and risk weights for individual housing loans can help bring down interest rates on home loans by another 25-30 basis points over the next few month..
Mumbai: Banks can now provide home loans up to 90 per cent for properties that cost Rs 30 lakh or below, the Reserve Bank of India (RBI) said on Thursday.
Earlier, the facility was availa..
New Delhi: Home loan segment is one area where both the public and private sector bank are currently focussing a lot.
As per a report in the Times of India, small towns are the main engin..
CHENNAI: The recent rain and flood may have dampened hopes of a sustained recovery in the housing sector in Chennai. But mortgage lenders are seizing an opportunity in the crisis: They are g..
Priority Sector Housing is any Loan to individuals up to â‚¹ 28 lakh in metropolitan centres (with population of ten lakh and above) and loans up to â‚¹ 20 lakh in other centres for purchas..
Mr. Anshuman Mishra, Founder-CEO of LoanAdda.com, addressed the State Level Bankers Committee (SLBC) at Chandigarh on partnership between private sector and public sector for Financial Inclusion th..
After the State Bank of India (SBI), ICICI Bank, one of the biggest private sector banks, increased the spread on its home loan interest rates. The bank raised the spread or mark-up over base rat..
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