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 IST
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 IST
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 IST
Here are 5 ways in which you can save money on home loans.Jan 23, 2018, 17:19 PM IST
As per the RBI guidelines, banks are supposed to revise the base rates at least once every quarter.Jan 04, 2018, 07:01 AM IST
Having a higher credit card limit can reduce chances of getting a home loan.Dec 16, 2017, 14:54 PM IST
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 IST
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 IST
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
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 IST
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 IST
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 IST
HDFC reduced the interest rates for home loan. Watch this special segment and get to know more here.Jan 04, 2017, 16:49 PM IST
Banks cut down the interest rates. Watch this special segment and get to know more here.Jan 03, 2017, 15:06 PM IST
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 IST
First 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 IST
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 IST
It's highly recommended that the additional money you receive is invested wisely.Jul 13, 2016, 13:42 PM IST
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.