Tag Archives: lic

Rates should go down further: HDFC’s chief economist

Posted on April 17, 2012 by Reserch team
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Making that home loan switch

Posted on April 9, 2012 by Reserch team

Last week, the country’s largest bank, State Bank of India (SBI), decided to reduce the interest rate burden of existing home loan borrowers by allowing them to switch to a lower interest rate. The new rate is in the range … Continue reading →

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SBI offers switch to new home loan rates; 6 lakh to benefit

Posted on March 24, 2012 by Reserch team

MUMBAI: State Bank of India will permit home loan borrowers to shift to lower interest rates. The move is aimed at strengthening customer bondage and can also lead to gains for millions with mortgages if rivals match the gesture. The … Continue reading →

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RBI cuts CRR by 75 bps; paves way for lower home loan interest rates and easier liquidity

Posted on March 12, 2012 by Reserch team

MUMBAI: Minutes after money market traders hung up their phones, the Reserve Bank of India unexpectedly slashed the cash reserve ratio (CRR) of banks by as much as 75 basis points, setting the tone for lower interest rates and easier liquidity. Perhaps, … Continue reading →

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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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