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
Home, auto and corporate loans are likely to cost more, with the Reserve Bank raising key policy rates by half a percentage point, bankers said Tuesday.May 03, 2011, 13:40 PM IST
The Reserve Bank Tuesday said non-resident Indians would not be eligible for incentives on interest on home loans of up to Rs 10 lakh.Feb 08, 2011, 23:37 PM IST
For the first year, SBI home loan is offered at 8 percent interest rate and at 9 percent for the second and the third year.Sep 30, 2010, 00:13 AM IST
ICICI Bank Ltd said on Friday it has launched a new home loan scheme offering a fixed 8.25% interest rate in the first year of the loan to maintain competitive mortgage rates.Apr 23, 2010, 14:30 PM IST
HDFC on Thursday lowered its home loan rate to 8.25 percent for the first year applicable on fresh loans.Apr 15, 2010, 17:29 PM IST
Competition watchdog CCI has
asked about two dozen banks and housing finance companies,
including SBI, HDFC, ICICI Bank and LICHF, to explain their
move of imposing penalty on borrowers for pre-payment of home loans.
Bank of Baroda has seen its home loan portfolio growing by 23-25 percent during April-November, and expects the growth to pick up further in the next quarter, a BB official said.Dec 27, 2009, 10:14 AM IST
The city-based state-run United Bank of India (UBI) has launched an eight percent home loan scheme available till March 31 next year, a release said here on Tuesday.Dec 22, 2009, 15:54 PM IST
Citibank Monday launched a novel mortgage product `CitiHome One` to offer its customers a home loan facility.Dec 21, 2009, 18:24 PM IST
Private sector lenders ICICI Bank
and Kotak Mahindra on Tuesday announced low rates of 8.25 percent
and 8.49 percent respectively for home loans, intensifying
the cut-throat competition sparked by SBI and HDFC.
State Bank of India has extended its 8% special home loan scheme till March
State-run IDBI Bank has cut its new home and auto loan rates by 0.25-0.5 per cent effective from October 1, a top official said.Sep 29, 2009, 23:51 PM IST
Public sector lender Union Bank of
India (UBI) today said that it has reduced interest rates on its housing and auto loans as a part of a festival offer.
Leading home loans provider LIC Housing Finance today cut interest rates for new loans by 0.5 percent effective from August 1.Aug 14, 2009, 18:31 PM IST