'Home loan balance transfer' option for availing lower interest rates and EMI: Here is everything you need to know
RBI has removed foreclosure penalities. As per new RBI guidelines, borrowers can avail a home loan balance transfer if he/she gets lower interest rates by other lenders.
Sep 23, 2022, 11:59 AM IST
Affordable housing safer bet for lenders with under 1% NPA
With higher loan growth rate of 23 percent over almost the past five years and low delinquency rates of under 1 percent, the affordable housing segment offers strong growth opportunities for lenders, says a report.
May 03, 2017, 18:53 PM IST
How does CIBIL score impact your borrowing
CIBIL (Credit Information Bureau India Limited) is credit information company in India, that gathers financial data for maintaining credit records.
Apr 19, 2017, 18:02 PM IST
HDFC, ICICI Bank cut home loan rate by 0.15%; other lenders may follow
Setting up a tempo for other lenders to follow, HDFC and private sector lender ICICI Bank on Thursday cut home loan rate by 0.15 percent.
Nov 04, 2016, 00:02 AM IST
Vijay Mallya's USL exit: Kingfisher Airlines lenders to move DRT
The consortium of 17 lenders to the long grounded Kingfisher Airlines have decided to move the Debt Recovery Tribunal (DRT) against the airline Chairman Vijay Mallya to stake claim on the USD 75 million severance package he will be getting for quitting United Spirits (USL).
Feb 28, 2016, 20:40 PM IST
Lenders to sell Kingfisher Airlines' assets in e-auction
After declaring Kingfisher Airlines, its promoter Vijay Mallya and United Breweries Holdings wilful defaulters, banks on Saturday put up for sale some of the airline’s assets including cars and for
Nov 22, 2015, 14:02 PM IST
Govt's coal supply alternative to plants key for lenders: IBA
Lenders will not be adversely affected if government delivers on its commitment on finding an alternative to ensure coal supply to power and steel plants, Indian Banks Association said on Thursday.
Sep 25, 2014, 17:11 PM IST
RBI unveils framework for identifying systemically important banks
To reduce risk of failure of large banks, Reserve Bank on Tuesday released a framework for identifying domestic systemically important banks, which would be required to provide additional equity capital for their risk weighted assets.
Jul 22, 2014, 19:25 PM IST
