State-run Bank of Baroda on Monday reduced home loan rates by 70 basis points to the industry's lowest level of 8.35 percent that will be applicable for customers having a strong Cibil scores.Jan 09, 2017, 20:57 PM IST
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 months, says a report.
Oct 09, 2015, 22:09 PM IST
The product, christened 'Women Power', offers the differentiated rate of interest for women borrowers, as against 9.90 percent charged for other borrowers, HDFC said.Apr 23, 2015, 19:02 PM IST
ICICI Bank, the largest private sector lender, has announced a 0.10 percent reduction in home loan rates for a limited period, bringing them on par with bigger rival State Bank of India.May 19, 2014, 20:05 PM IST
Accordingly, new home loans under Rs 75 lakh will be available at 10.25 percent per annum, down from the earlier 10.50 percent.Dec 24, 2013, 18:05 PM IST
Welcoming the 0.25 percent rate cut by two of the biggest home loan financiers SBI and HDFC, realty sector participants on Friday said the move will help revive interest in the gloomy market.Dec 20, 2013, 18:26 PM IST
The State Bank of India Saturday suggested that the Reserve Bank of India should be the regulator for all home loans provided by banks or housing finance companies.May 18, 2013, 18:31 PM IST
The new rates will be effective Monday, the third largest public sector lender said in a statement here.Sep 10, 2012, 15:47 PM IST
The bank had last month cut its base rate or the minimum rate of lending by 0.15%.May 18, 2012, 18:30 PM IST
Wondering if SBI can steal a march
with a low-interest home loan strategy, ICICI Bank on Sunday said
the effective rate offered by the public and private bank was
the same and claimed it was much faster in serving customers.