HDFC slashes lending rate by 0.25%

HDFC, country's largest mortgage lender, Monday cut benchmark lending rate on housing loans by 0.25 percent to 9.65 percent, a move which will lower the EMI for borrowers.

RBI cuts repo rate by 0.5%, keeps CRR unchanged at 4%

Home, auto and corporate loans would cost less after RBI on Tuesday cut interest rate by 50 basis points or 0.5 percent to spur investment and growth.

Download: RBI 4th bi-monthly Monetary Policy Statement for 2015-16
Download: RBI 4th bi-monthly Monetary Policy Statement for 2015-16

Zee Media Bureau

New Delhi: Springing a surprise, the Reserve Bank of India (RBI) on Tuesday cut its short-term lending rate by 50 basis points, but also made a pitch for it to be passed on to end-consumers in the form of cheaper personal and commercial credit.

Federal Bank halves home, auto loan processing fees
Federal Bank halves home, auto loan processing fees

South-based lender Federal Bank Monday announced a limited period offer to halve the processing fees for applications in the competitive home and car loans segments.

SBI launches initiative to speed up home loan applications

Country's largest lender State Bank of India today launched an initiative to provide doorstep services and expedite home loans application process.

Home loan delinquencies more than halve in last 5 years: Cibil

The percentage of non-performing assets (NPAs) from the home loans segment has dropped to 0.57 in March 2015 compared to 1.06 at the end of 2010, it said in a report.

Home, auto loans likely to come down further; FM expects more rate cuts by banks

EMIs of home, auto and other loans are likely to come down further with Finance Minister Arun Jaitley on Friday saying that banks have promised greater rate cuts in the coming days and weeks.

Realty stocks sink, Unitech crashes 52%

Shares of Unitech nosedived 51.63 percent to Rs 6.50 its 52-week low at the BSE.

HSBC getting new trial in securities class action lawsuit

A federal appeals court has awarded HSBC a new trial in a securities class action suit that ended with a USD 2.46 billion judgment against the company.

NAREDCO delegation meets FM; seeks package for realty sector

A delegation of realtors' body NAREDCO Tuesday met Finance Minister Arun Jaitley to demand a special package to revive realty sector which include interest subvention on home loans and tax concessions on affordable housing projects.

Zee Media Exclusive: Comparison between Shanghai and Mumbai

Ahead of Prime Minister Narendra Modi's visit to China this week, Zee Media compares Mumbai with Shanghai in terms of cost of living, women's safety, etc.

Bank of India cuts lending rate by 0.25%

The new rate will come into effect from May 4.

HDFC cuts home loan rates for women to match SBI, ICICI

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.

HDFC cuts home loan rate by 0.2%; EMIs to come down

Country's largest mortgage firm HDFC Friday cut home loan rate by 0.2 percent to 9.9 percent for new as well as existing borrowers.

RBI eases norms for home loans for up to Rs 10 lakh
RBI eases norms for home loans for up to Rs 10 lakh

Giving a boost to affordable housing, the RBI Thursday eased the norms for home loans for up to Rs 10 lakh by allowing banks to include stamp duty and registration charges to the cost of a unit.

RBI slashes lending rate by 0.25%; EMIs on home, auto loans to come down

In its second surprise rate cut within two months, RBI on Wednesday slashed benchmark interest rates by 0.25 percent, a move that may bring down EMIs for home, auto and other loans and give a boost to the economy.

Maharashtra govt to provide home loans to its employees

Maharashtra government will provide home loans ranging from Rs 20 lakh to Rs 50 lakh to its employees.

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First time home buyers to get additional tax break of Rs 1 lakh

First time home buyers wil get additional tax break of Rs 1 lakh in home loan.

RBI monetary policy review today, will loans get cheaper?

The Reserve Bank of India (RBI), which last month announced a surprise rate cut of 25 basis points after maintaining a hawkish monetary stance for 20 months, is scheduled to undertake its sixth bi-monthly monetary policy review, 2014-15 on Tuesday.