Tag Archives: loans india

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 →

Posted in home loan | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , | 1 Comment

Your dream home gets even more distant

Posted on February 8, 2012 by Reserch team

RBI’s new diktat — banks should not include stamp duty and registration in loan amount — will make home buying more difficult The Reserve Bank of India’s (RBI) latest verbal guidance to banks —not to include registration and stamp duty … Continue reading →

Posted in home loan | Tagged , , , , , , , , , , , , , , , , , , , , , | Leave a comment

SBI to raise interest rate on car loans

Posted on February 2, 2012 by Reserch team

State Bank of India (SBI) will increase the interest rate on car loans by at least 50 basis points from tomorrow to bring these in line with competing banks. A senior SBI official dealing with the retail business confirmed the … Continue reading →

Posted in Auto loan | Tagged , , , , , , , , , , , , , , , | Leave a comment

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 →

Posted in home loan | Tagged , , , , , , , , , , , , , , , , , , , , , | Leave a comment

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 →

Posted in home loan | Tagged , , , , , , , , , , , , , , , , , , | Leave a comment