home loan

SBI says Q1 home, auto loan growth 'fairly reasonable'

The State Bank of India Monday said the nation's largest lender has had a "fairly reasonable" growth in auto and home loans so far this fiscal.

Jul 01, 2013, 15:21 PM IST

Axis Bank launches special home loan scheme for self-employed

The third largest private sector lender Axis Bank Tuesday launched a dedicated home loan product for the self-employed.

Apr 02, 2013, 17:24 PM IST

RBI policy review: Bankers rule out cut in interest rate this month

Lending rate is unlikely to be cut this month as bankers said that they will wait for further signals from RBI before lowering rates for home and auto loans.

Mar 19, 2013, 14:47 PM IST

Indiabulls Fin Services merges with its home loan arm

Indiabulls Financial Services (IBFSL) has merged with Indiabulls Housing Finance (IHFL) and the new entity will focus on mortgage business.

Mar 08, 2013, 23:02 PM IST

HDFC raises up to Rs 500 crore via debentures

Mortgage lender HDFC on Thursday raised up to Rs 500 crore through issue of debentures for general corporate requirements.

Feb 07, 2013, 20:51 PM IST

LIC Housing launches home loan scheme for self-employed

LIC Housing Tuesday said it is planning to roll out a new housing loan scheme for self-employed people wherein monthly loan repayment schedule might be tweaked to daily or quarterly.

Jan 29, 2013, 17:48 PM IST

Loans set to get cheaper as RBI cuts policy rates after 9 months

Home, auto and corporate loans will become cheaper after Reserve Bank on Tuesday reduced the key interest rate by 0.25 percent and decided to inject Rs 18,000 crore liquidity into the system to perk up sagging growth.

Jan 29, 2013, 08:40 AM IST

Will meet Rs 17K crore home loan refinance target by June: NHB

National Housing Bank (NHB) on Saturday said it expects to provide Rs 9,000 crore refinance assistance to institutions providing home loan in the next six months to meet its annual target of Rs 17,000 crore by June next year.

Dec 08, 2012, 16:51 PM IST

'Banks should look at home loans with lower EMI, longer tenure'

At present, banks give home loans with a maximum tenure of 15-20 years only.

Nov 10, 2012, 13:43 PM IST

Home loan: Now, upgrade to floating rate without penalty

Interest rates have moved up sharply between 2010 and 2011 owing to Reserve Bank of India’s rate hike which in turned has escalated borrowing rates.

Aug 09, 2012, 11:21 AM IST

SBI cuts interest rate on home loan

The new rates will be effective from August 7.

Aug 02, 2012, 12:21 PM IST

Govt extends 1% home loan subsidy scheme by one year

In a relief to small home loan borrowers, the government will provide interest subsidy of up to Rs 14,912 this fiscal for loan not exceeding Rs 15 lakh.

Jul 04, 2012, 17:49 PM IST

Competition mild in home loan market: Avendus

The major players currently in the market include HDFC, SBI and LIC Housing Finance.

Jun 15, 2012, 14:49 PM IST

Give home loan up to Rs 25 lakh in priority sector: RBI to UCBs

In order to facilitate enhanced lending, Reserve Bank on Thursday allowed Urban Co-operative Banks (UCBs) to provide housing loans up to Rs 25 lakh under the priority sector lending schemes.

Apr 26, 2012, 18:53 PM IST

NHB to raise Rs 2,000 cr in next 6 months

For the financial year ended June 2011, NHB posted a marginal decline in net profit at Rs 279 crore.

Jan 08, 2012, 12:38 PM IST

After rates hit roof in 2011, borrowers look to better days

As per banks` latest postings, NPA levels saw 33 percent increase year-on-year for the September quarter. Under the system generated approach, a loan turns NPA on the 91st day of non-payment of EMIs.

Dec 29, 2011, 14:06 PM IST

After rates hit roof in 2011, borrowers look to better days

As per banks` latest postings, NPA levels saw 33 percent increase year-on-year for the September quarter. Under the system generated approach, a loan turns NPA on the 91st day of non-payment of EMIs.

Dec 29, 2011, 14:06 PM IST

Central Bank eyes direct financing of redevelopment projects

Central Bank of India is developing a special home loan product that will allow it to directly finance housing redevelopment projects in the island city, a senior official of the state-run lender has said.

Dec 11, 2011, 15:20 PM IST

Banks to get Rs 6K-cr more from home loans on rising rates

The rising interest rates will push up the equated monthly installments (EMIs) of home loan borrowers by Rs 6,000 crore annually, leading research agency Crisil said on Tuesday.

Oct 11, 2011, 23:39 PM IST

Real Estate: The safe bet

When business partner in McDonald`s Harry Sonneborn remarked that they were actually in the business of real estate than selling cheesy burgers and fries, it may have come as a startling observation but it had the heft of logic.

Oct 05, 2011, 17:04 PM IST