Tag Archives: home loans

Home loan growth slows to 13.2% in Jan

Posted on March 3, 2012 by Reserch team

The impact of rising interest rates and high property prices seem to reflecting in the pace of growth of housing loans. According to the Reserve Bank of India’s data on sectoral deployment of bank credit, housing loans for the month … Continue reading →

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Public sector banks cut home loan rates

Posted on February 20, 2012 by Reserch team

Mumbai: In order to prop up the sagging home loan market, state-run lenders Central Bank of India and Bank of Maharashtra (BoM) have announced slashing of interest rates by up to 0.25 per cent, and also decided to waive the … Continue reading →

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RBI cuts CRR, home loans to get cheaper

Posted on January 31, 2012 by Reserch team

MUMBAI: Home loans and other loans to individuals and businesses are set to become cheaper with Reserve Bank of India releasing Rs 32,000 crore to banks through a half percentage point cut in the cash reserve ratio (CRR) on Tuesday, a … Continue reading →

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SBI slashes processing fee for greater home loan pie

Posted on January 13, 2012 by Reserch team

MUMBAI: State Bank of India (SBI) has slashed processing fees on home loans by half, a move aimed at garnering a larger pie in the home loan market and giving competition to private banks and housing finance companies. “The decision is aimed … Continue reading →

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Home loans’ pre-payment penalty scrapped

Posted on October 31, 2011 by Reserch team

The directive assumes significance, given banks’ reluctance to implement advisory on the same. The Reserve Bank of India (RBI) has asked the banks to waive the pre-payment charges in floating rate loans. The moves, though was expected, will come as … Continue reading →

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