Banks unlikely to match RBI's rate cut any time soon
Banks are reluctant to cut deposit rates in the fiscal year`s last quarter, as they are keen to shore up their books while not losing hefty deposits.
Feb 08, 2019, 16:30 PM ISTInterest on home, auto, MSE loans to be linked to new benchmarks from April 1
The final guidelines to link the interest rate to external benchmarks will be issued by the end of this month.
Dec 06, 2018, 09:57 AM ISTNew benchmarks for interest on home, auto loans from April 1, 2019
Currently, banks follow system of internal benchmarks, including Prime Lending Rate (PLR), Benchmark Prime Lending Rate (BPLR), Base rate and Marginal Cost of Funds based Lending Rate (MCLR).
Dec 05, 2018, 23:12 PM ISTHome loan set to get cheaper for borrowers with older base rate regime
These home loan borrowers, who were stuck in the older base rate regime, will now be linked to the current market-linked benchmark from April 1.
Feb 08, 2018, 07:30 AM ISTSave money on home loans: Here are 5 ways you can do so
Here are 5 ways in which you can save money on home loans.
Jan 23, 2018, 17:19 PM ISTImpact of base rate, BPLR changes on your home loan EMIs
As per the RBI guidelines, banks are supposed to revise the base rates at least once every quarter.
Jan 04, 2018, 07:01 AM ISTImpact of credit cards on your home loan
Having a higher credit card limit can reduce chances of getting a home loan.
Dec 16, 2017, 14:54 PM ISTKeep these points in mind before applying for home loan
Most of us dream to own a property, but lack of requisite amount leaves us with no choice but to go for a bank loan.
Dec 15, 2017, 12:22 PM ISTInterest rate cut: Know how it will benefit home loan borrowers
Banks switched to MCLR as their new benchmark lending rate from June last year, replacing the base rate system for new borrowers.
Aug 03, 2017, 13:59 PM ISTGood news for home buyers! ICICI Bank cuts interest on housing loan by up to 0.3%
After State Bank of India (SBI) and LIC Housing Finance, ICICI Bank on Monday decided to cut home loan rate by up to 0.3 percent for loans up to Rs 30 lakh to promote affordable housing.
May 15, 2017, 15:39 PM IST
Home loan interest too high for Indian buyers, study finds
There is significant demand for affordable housing amongst the younger age (25-44 years) in smaller towns than in metros and mini-metros.
Mar 30, 2017, 16:39 PM ISTBudget 2017: Major expectations of common man from Finance Minister Arun Jaitley
Be it tax exemption, hiking the transport allowances, increasing the rebate cap on home loans, giving subsidies to farmers or addressing the issue of women's and senior citizens' taxation, the decision of the Finance Minister will be closely watched by one and all.
Jan 29, 2017, 17:05 PM ISTRate cut bandwagon: HDFC Bank, Canara Bank cut lending rates by up to 0.9%
Home and other loans are all set to be cheaper as major banks such HDFC Bank and Canara Bank joined the rate cut bandwagon by cutting lending rates up to 0.9 percent.
Jan 04, 2017, 22:54 PM ISTHDFC reduced the interest rates for home loan
HDFC reduced the interest rates for home loan. Watch this special segment and get to know more here.
Jan 04, 2017, 16:49 PM ISTBanks cut down the interest rates
Banks cut down the interest rates. Watch this special segment and get to know more here.
Jan 03, 2017, 15:06 PM ISTDiscussion : Flop Show of RBI after new credit policy
RBI's credit policy has made no changes in EMI and disappointed common people. Watch this special segment and get to know more here.
Dec 08, 2016, 11:52 AM ISTFirst RBI monetary policy review after demonetisation: Urjit Patel brings no respite to borrowers; keeps interest rates unchanged
Urjit Patel-led 6-member Monetary Policy Committee, which had in its first policy review cut interest rate by 0.25 percent in October, belied expectations to keep benchmark repo rate unchanged at 6.25 percent unanimously.
Dec 07, 2016, 14:18 PM ISTHome, auto loans set to be cheaper as RBI new Governor Urjit Patel cuts interest rates by 0.25%
In the first monetary policy review under RBI Governor Urjit Patel, the interest rate was today cut by 0.25 percent to six-year low of 6.25 percent in a unanimous decision by the new rate-setting panel MPC.
Oct 04, 2016, 15:33 PM IST7th Pay Commission: Key things you should avoid doing with the additional money
It's highly recommended that the additional money you receive is invested wisely.
Jul 13, 2016, 13:42 PM ISTMoney Guru : Experts advice on benefits of Home Loan
Watch this special segment and get to know about the experts advice on benefits of home loans.
To know more watch this full video here.