IIFL HOME LOAN
Bank of India eyes Rs 10,000 cr loan sales in special drive
"Our focus through this initiative is the MSME sector as demand from the corporate sector is not high," state-run Bank of India executive director CG Chaitanya told reporters. "Each zone has been given a disbursement target of Rs 200 crore during this initiative. We are aiming to disburse anything between Rs 7,500 and Rs 10,000 crore," he added.
UCO Bank cuts MCLR by 10 basis points across tenors
The revised one-year MCLR now stands at 8.30 per cent, down from the existing 8.40 per ce...
Piramal Group, IIFL Wealth Management create Rs 2,000 cr fund for realty projects
Real estate sector is facing multi-year slowdown, especiall...
Actual retail loan growth could be lower: Report
Bulk of figures reflect the lending for purchase of NBFCs securitised retail loan pool, a report by Crisil said.
Most foreign funds not massively overweight on India: Ayon Mukhopadhyay, IIFL Securities
Reforms in the NBFC sector can increase the GDP by 1 to 2%, says Mukhopadhyay.
Leaving the nest to study abroad is hard. 3 ways a Student Travel Insurance is one of your most trusted friend in a foreign country
HDFC Bank cuts MCLR by up to 15 bps
Private sector lender, HDFC Bank, cut its marginal-cost based lending rate (MCLR) for all tenors by 15 basis points (bps). According to the bank’s website, it has cut the 6-month MCLR by 10 bps to 8 percent, 1-year rate by 15 bps to 8.15 percent
SBI reduces one-year MCLR by 10 bps
According the bank’s press release, this is its eighth consecutive MCLR cut this financial year.
From farm to home, M&M Financial is doubling down on digital sales
M&M Financial cleverly evolved its business model to be on the right side of the evolving rural India scene.
Suraksha Realty hopeful of getting favourable vote of lenders, home buyers on Jaypee bid
A Committee of Creditors (CoC) on Saturday decided that home buyers and lenders of Jaypee Infratech will vote on the bids of state-owned NBCC Ltd and private sector firm Suraksha Realty at the same time.
RBI keeps repo rate unchanged: What does this mean for your loans and fixed deposits?
The Reserve Bank of India, in its monetary policy review today, kept the repo rate unchanged at 5.15%
Canara Bank to dilute 30% stake in Can Fin Homes in next 10 days
It added that numerous PE players have submitted bids and Baring was a lead bidder.
Top 5 banks' home loan interest rates
The Reserve Bank of India has directed banks to link their lending interest rate to an external benchmark rate such as repo rate. The aim is to provide greater transparency and faster transmission of changes in the policy rates.
Home loan interest rates linked to repo rate
Here are the interest rate on home loans charged by the banks under the external benchmark regime. The interest rate is liked to the RBI repo rate. The table given below is applicable to salaried individuals and self-employed persons.
Top 10 banks' home loan interest rates
These 10 banks are offering the lowest home loan interest rates for salaried individuals.
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