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One of the most important sectors from which bank generate its income is through the Home Loan department.

Maharashtra tops in home loans, accounts for 24 pc of national sales

The overall home finance segment registered a 16.8 per cent growth over the year-ago period.

1 Jan 2019 12:04 PM

One of the most important sectors from which bank generate its income is through the Home Loan department.

SBI cuts home loan rates by 5 basis points

One basis point is one hundredth of a percentage point.

8 Feb 2019 8:45 PM

Defending the banks in this issue, a senior official, however, claimed that the quick mortality rate on Mudra loans has come down drastically after strict norms issued by the RBI and the ministry of finance.(Representational image)

RBI cuts interest rates to 9-yr low, expects banks to quickly lower...

The reduction in interest rate will help boost credit growth, helping arrest the slowdown in the economy

6 Jun 2019 8:32 AM

One of the most important sectors from which bank generate its income is through the Home Loan department.

How SBI, ICICI Bank cut MCLR will affect your home loans EMIs? read

A cut of 5-10 bps will not take down home loan interest rate instantly for the existing home loan borrower.

24 July 2019 7:51 AM

The upcoming elections, rising inflation and interest rates could further dampen the buying sentiment in the real estate, making the task of loan recovery difficult.

Budget 2019: Tax deduction on home loan interest to boost housing...

Many, however, rued that real estate sector was not given 'industry' status and no stress fund got created for stalled...

5 July 2019 1:47 PM

The Reserve Bank last month put IDBI Bank under watch by initiating Prompt Corrective Action against it.

IDBI Bank launches repo-linked home, auto loans

Home loans up to Rs 75 lakh with a tenure of up to 35 years will be offered at interest rate of 8.30 per cent per annum...

30 Aug 2019 9:56 AM

Finance ministry said that the domestic investment of the private sector continued to be affected by the growing contamination of loans advanced in the past, which have now become unsustainable.

Home, auto, other retail loans to become cheaper: Sitharaman

The move will also lead to cheaper working capital loans for industry.

24 Aug 2019 7:18 AM

The SBI has announced the launch of its UK subsidiary, SBI (UK) Limited, with an initial capital commitment of 225 million pounds from its parent entity.

SBI lowers lending rates by 15 bps from August 10

The new one-year MCLR or the marginal cost based lending rates will come down to 8.25 per cent from 8.40 pc annum.

7 Aug 2019 9:15 AM

One of the most important sectors from which bank generate its income is through the Home Loan department.

6 factors that will influence your home loan interest rates

Even a slight difference in their interest rates can lead to a significant difference in the overall interest cost of...

1 Aug 2019 7:02 AM

One of the most important sectors from which bank generate its income is through the Home Loan department.

Top 15 banks that offer the lowest home loan interest rates

A home loan is termed a 'good' loan since it helps you own an actual property that gains value over the period of time.

30 Sept 2019 9:10 AM

Leading public sector lenders State Bank of India (SBI) and Punjab National Bank (PNB) have put their 15 non-performing assets worth Rs 1,063 crore for sale.

SBI to adopt repo rate as external benchmark for all floating rate...

The external benchmark for all floating rate loans for MSME, housing and retail loans effective October 1, 2019.

23 Sept 2019 5:35 AM

Currently, the repo operations are of short-term, usually of overnight, wherein banks can borrow money from the RBI at the prevailing repo rate.

RBI panel for standard format of documents to promote home loan...

PTCs issued in mortgaged-backed securitisation should be mandatorily listed if the securitisation pool is larger than Rs...

10 Sept 2019 3:29 AM