Entries with Topic News .

Fintechs are heralding a new era for Indian banking and finance sector

May 26, 2016 11:21:00 AM

In India, the banking and financial sector has been riddled with many challenges which has either left out many citizens from the fold of financial inclusion or have greatly limited their access to funds. Slowly and steadily, however,...

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Six home loan tax sops you didn't know about

May 23, 2016 12:09:00 PM

2016 is looking to be one of the best years for home buyers. More tax benefits, rate cuts on loans, stagnant property prices, new launches in the 'affordable' segment with freebies and attractive payment schemes. Many of you will be looking to take...

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Investors' pain becomes buyer's gain as housing prices stagnate

May 17, 2016 10:09:00 AM

A sharp decline in property price appreciation in top Indian cities has pushed investors out of the housing market in India , which has turned into an end users' paradise, thanks to stagnating prices and, in some cases, deeply discounted distress...

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Home loans from SBI get cheaper

May 16, 2016 9:28:00 AM

Home loans have become cheaper with SBI reducing its benchmark one-year marginal cost-based lending rate ( MCLR ) to 9.15%. Following the cut, women borrowers can avail home loans at 9.35% and others at 9.4% as against the earlier 9.4% and 9.45%...

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NBFCs expand working capital loan business as banks retreat

May 12, 2016 1:12:00 PM

A handful of non-banking financial companies are stepping in to meet working capital demand from companies at a time when banks, under siege from huge bad loans, are becoming picky in lending to...

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Rising corporate loan defaults force banks like ICICI Bank and Axis Bank to step up retail lending

May 11, 2016 10:59:00 AM

Retail lending was hardly a focus for Indian banks until a few years ago, except for some private lenders, but fiscal 2016 was different. From special offers by state-run banks to technology-driven package deals by private sector banks, retail lending has...

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Home prices hit roof but affordability also at its best: HDFC

May 9, 2016 11:40:00 AM

Defying an overall low-inflation trend, home prices have hit record high levels but a faster rise in disposable income has made purchasing a house the most affordable ever, according to mortgage giant HDFC Ltd. 
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Book your dream home at 9% with subvention scheme

May 6, 2016 11:48:00 AM

No EMI For 24 Months“, “Book Your Dream Home at Just 9% Interest Rate� and “Book Now Pay Later�, Ever got your eyes hooked on to such hoardings? Doesn’t it seem like some miraculous intervention, which is intending to help you fulfill your dream of owning a house? But wait! Let’s come to terms with the reality. This miraculous intervention is called...

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HDFC net profit up 40% to Rs 2,607 crore in Q4, demand in non-metros add sizzle

May 4, 2016 9:54:00 AM

The real estate sector in India may be in deep funk, but the home loan business is booming. 

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Home, education, personal & car loans to get cheaper; likely to trigger rate war among banks

May 3, 2016 9:55:00 AM
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All Businessmen read on to get the best deals on Loan Against Property @LoanStreet

Apr 18, 2016 7:05:00 PM

Loan against Property is a Secured Loan in which one’s existing Property is mortgaged to raise funds from a Bank or a Financial Institution. 

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Raghuram Rajan has just turned your smartphone into a bank, here is how you can use it...

Apr 12, 2016 12:06:00 PM

Smartphones are not just useful for social media, videos and taking selfies. They will now become an important part of your daily life by doubling up as a portal for making payments, sending and receiving money...

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RBI's 25 bps rate cut: Happy times expected to continue for borrowers:

Apr 6, 2016 1:25:00 PM

 

By cutting the repo rate yet again, this time by 25 bps, the RBI has increased pressure on banks to pass on the decline in...

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The new rate regime kicks in. Vineet Jain says: "There should be a fall of 50 bps in the effective ROI for Home Loan Customers in a Few Months":

Apr 1, 2016 12:09:00 PM

SBI and Bank of Baroda take lead in lowering lending rates based on new formula: 

State Bank of India and Bank of Baroda have taken the lead in setting lower lending rates based on the Marginal Cost Lending Rate system that will benefit millions of borrowers. However, those who have home...

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Read the transcript of our CEO Vineet Jain's chat session in Moneycontrol.com today...

Mar 22, 2016 12:57:00 PM

 

Read the transcript of the chat session at: Read More

Maharashtra may waive stamp duty for small homes

Mar 16, 2016 7:33:00 PM

In a move to support the central government's vision of housing for all by 2022, the Maharashtra government is considering waiving stamp duty for houses with an area of less than 250 square feet and offering concessional rates for residences up to 450 sq ft. Read More

Cheer for home buyers! After Rajya Sabha, real estate regulatory bill cleared by Lok Sabha as well:

Mar 16, 2016 11:44:00 AM

The Lok Sabha today cleared the Real Estate (Regulation and Development) bill which seeks to set up a regulatory mechanism for the real estate sector to protect the rights of home buyers by ensuring timely delivery by builders and providing options...

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Read our CEO Vineet Jain's article on Loan Against Property published in moneycontrol.com

Mar 15, 2016 11:10:00 AM

Loan against property can help you unlock the hidden value of your property by granting access to cheap and long term source of fund raising.
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"Balance transfer - the way forward for home loan consumers" says our CEO Vineet Jain in his article published in moneycontrol.com

Mar 15, 2016 10:55:00 AM

Balance transfer can help you save money on interest and at the same time allow you to raise additional money to retire high cost borrowings such as credit card debt and personal loans:

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