Tag Archives: business loan

Shut the door on fixed-rate loan option

Posted on October 5, 2011 by Reserch team

Experts feel interest rates may reverse soon. So, borrowers are better off with floating-rate home loans. In the past two month, many lenders like ICICI Bank, HDFC, India Infoline Investment Services and LIC Housing Finance have launched fixed-cum-floating-rate housing loans. … Continue reading →

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Indian banks in for more trouble on rising bad loans

Posted on September 27, 2011 by Reserch team

Woes for the banks in India are far from over. Bank Nifty is down 11.6 percent in the last six months. And no one is yet confident that the Reserve Bank  of India is done with increasing policy rates. The … Continue reading →

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Loans to become costlier as RBI hikes repo rate

Posted on July 26, 2011 by Reserch team

The RBI on Tuesday hiked short-term lending and borrowing rates sharply by 50 basis points for the third time in three months to tame high inflation, a move that would make all personal and corporate loans more expensive.

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Muthoot group forays into home loans for low income group

Posted on April 1, 2011 by Reserch team

The 20,000 crore  Muthoot Pappachan Group (MPG) on Tuesday said it was getting into the home loan business, with a focus on low income clientele. Muthoot Housing Finance will operate as a 100% subsidiary of Muthoot Fincorp, a non-banking finance … Continue reading →

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Try prepaying annually as foreclosing your loan comes at a cost.

Posted on March 16, 2011 by Reserch team

Suman Chandok’s home loan tenure has been extended for the second time — since January this year. Fearing another extension in the increasing interest rate scenario, Chandok wants to pay-off his entire outstanding loan balance of Rs 12 lakh. Not … Continue reading →

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