Housing prices may go up by 5-10%

Housing prices may rise by 5-10 percent in the next 3-6 months as the cost of funds for developers is expected to increase following the Reserve Bank of India`s decision to raise key policy rates by 25 basis points.

HDFC Bank to sell home loans through Web chats

Moving away from unsolicited calls to sell home loan products, private lender HDFC Bank will soon be tapping customers for group company HDFC through web chats where the customer wilfully logs on for details.

DTC to address MAT, exemptions on savings, home loans: FM

Finance Minister Pranab Mukherjee
today said the proposed Direct Taxes Code (DTC) will address
the issues like MAT on gross assets, shift to new method of
taxation on savings, exemptions on home loans.

Dud loans: ICICI Bank sees sabotage; to seek probe

ICICI Bank has decided to approach the government agencies and market regulator SEBI for a thorough probe into what it called an attempt to `sabotage` the bank by some corporate rivals.

Dena Bank cuts lending rates on home loans

State-owned Dena Bank has reduced home loan rates for new customers as part of festival offer.

Govt staff to get addl DA of 5% to tide over price rise

Over eight million central
government employees and pensioners will get an additional
five per cent dearness allowance that will hit the exchequer
by over Rs 2,900 crore this fiscal and Rs 4,355 crore in a
full year.

Auto, home loans pick-up, lending rates may harden

India`s second largest lender, ICICI Bank, has seen growth returning in its home and auto loans portfolios in the second quarter on the back of improving sentiments in the credit market, its chief said.

ICICI Bank launches special offer for new home loans

Private sector lender ICICI Bank
on Wednesday said it has launched new home loan schemes at lower
interest rates for new borrowers.

SBI launches `My Home` campaign for home loans

State Bank of India has said that it was launching a 3-month long home loan campaign at attractive interest rates and zero processing fee.