Tag: home loans
RBI’s new bank-subsidiary norms to force realignments of business
MUMBAI: Several large banks will have to realign their business models to comply with a recent Reserve Bank of India (RBI) proposal, which, upon implementation,…
SBI cuts loan interest rate by 25 bps on this short-term tenure: Check latest lending rates
Oct 15, 2024 02:08 PM IST The State Bank of India has reduced its one MCLR tenure interest rate by 25 basis points, effective October…
Home loan customers may have to wait as much till December for an EMI cut as RBI keeps rates unchanged
Looking forward to a cut in your home loan EMIs? You may have to wait till much later this year since Reserve Bank of India…
Banks may soon use details from your digital footprint to give home loans, here’s how
Jul 27, 2024 12:47 PM IST Banks are working on a new framework to give home loans using a person’s spending patterns, mirroring the policy…
LIC Housing vs HDFC Vs PNB housing: Who is offering best interest rates on home loans?
Several banks have raised their home loan lending rates immediately after the Reserve Bank of India (RBI) had hiked the repo rate by 25 basis…
home loan prepayment charge: Home loan FAQs: Interest calculation to repayment period, home loan prepayment charge
If you are a new home loan borrower, or planning to borrow you must know that interest rates are at a higher level compared to…