Entries with Topic News .

Checkout the Budget 2016 Highlights:

Feb 29, 2016 6:43:00 PM

Finance Minister Arun Jaitley in his Budget 2016 speech stressed on Indian economy's resilience amidst the current global economic turmoil. "Global economy is in a serious crisis. Financial markets have been battered but Indian economy has held its ground...

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New lenders to bring better home loan deals for buyers

Feb 4, 2016 3:32:00 PM

There is good news for potential home buyers. New schemes and better deals for customers are set to roll out as a host of fresh entrants intensify competition in the segment.

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Read our CEO Mr. Vineet Jain's take on the SBI's FlexiPay Home Loan scheme featured in Business Standard:

Feb 3, 2016 2:41:00 PM

If you have zeroed in on your dream home, but cannot afford to pay the equated monthly instalments (EMIs) because of your low salary, you can opt for  Read More

Home sales might be slow, but home loan takers are aplenty

Jan 27, 2016 11:45:00 AM

Despite a slow real estate market over the last few years, cold consumer sentiment and high unsold inventory levels, housing finance companies say there is no dearth of home loan seekers in the market. On the contrary, the housing finance market is growing at an average of 16-18%...

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ICICI Bank average ticket size dips on focus on smaller towns

Jan 15, 2016 4:13:00 PM

Private sector lender ICICI Bank's growing focus on on tier 2 and tier 3 cities has resulted in a...

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Read our CEO Mr. Vineet Jain's take on the new formula to make floating lending rates featured in Economic Times:

Dec 28, 2015 3:15:00 PM

The much-awaited Reserve Bank of India (RBI) guidelines on calculating the benchmark lending rate are finally out. In yet another attempt to make banks pass on policy rate cut benefits to borrowers, the RBI has brought out a new methodology: Marginal Cost of Funds based Lending Rate (MCLR). Marginal...

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RBI announces new formula for banks to calculate base rate.

Dec 18, 2015 11:04:00 AM

The Reserve Bank on Thursday announced a new base rate formula — moving toward marginal cost of funds methodology for interest rate on advances. The final norms on marginal costs for banks will be effective from April 1, 2016. RBI says all 'loans and credit limits from April 1 will be priced with...

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Falling rates and rising income prompt banks to offer up to 30-year loans

Dec 17, 2015 3:00:00 PM

     Banks have turned active in giving out home loans for as long as 30 years for the first time since the 2008 credit crisis days as they attempt to revive demand in high-end home purchases,...

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Will Dynamic Base Rate Pricing Help New Borrowers?

Dec 7, 2015 2:55:00 PM

RBI to allow computation of banks' base rates on the basis of marginal cost of funds:

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RBI says more room for banks to pass on rate cuts...

Dec 2, 2015 4:48:00 PM

RBI Governor Raghuram Rajan today said that there is more room for rate cut by banks as the lenders on an average have only passed less than half of the 1.25 per cent reduction announced during 2015. 

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Lenders Not passing the full rate Benefit to Customers likely to create an impact on RBI Policy- Apex bank will keep the rates Steady

Nov 28, 2015 3:47:00 PM

The Reserve Bank of India (RBI) is expected to hold its policy interest rate at 6.75 percent next week to stifle inflation, while data is seen showing economic growth accelerated to 7.3 percent in the September quarter, a Reuters poll of economists showed.

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Our CEO Mr. Vineet Jain's article published in Financial Chronicle a leading financial Newspaper

Oct 26, 2015 2:50:00 PM

Mr. Vineet Jain writes about Joint Home Loans in Financial Chronicle a leading financial news paper: 

Read more at:  Read More

Who says Home Loan market is down..Read the story below:

Nov 26, 2015 5:00:00 PM

Lodha sells South Bombay Duplex at a record 1.60 lakh a sq. ft. : 

The apartment spread over 10,000 sq ft has been sold at the highest price per sq ft surpassing all earlier benchmarks. Earlier record for highest per sq ft price paid anywhere in the...

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Small towns drive 19% rise in home loans

Nov 25, 2015 10:48:00 AM

The country witnessed a 19% growth in housing loans till September this year compared to the same period in 2014, seemingly riding on increased demand for new homes in smaller towns and cities, coupled with lower interest...

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Online consumer lending startups take on banks & NBFCs, but how safe is this business model?

Nov 16, 2015 11:29:00 AM

LoanStreet featured in Economic Times Small Biz Section...

Read more on this story at: http://bit.ly/1MK1qbh

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Food for thought - What effect Gold Monetization scheme will have on the credit offtake in India.

Nov 6, 2015 12:14:00 PM

Prime Minister Narendra Modi on Thursday launched three schemes to lure tonnes of gold from households into the banking system and said that India is poor because gold is lying idle.

The Gold Monetisation Scheme (GMS), 2015 will...

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What is the impact on customers if Banks are allowed to lend below Base Rate. Read more...

Nov 3, 2015 11:37:00 AM

State Bank of India (SBI) chairman Arundhati Bhattacharya has said that there should be a level-playing field between banks and housing finance companies (HFCs) over pegging interest rates below benchmark...

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National Housing Bank considering penalty for switching loans in first 2 years

Oct 26, 2015 6:20:00 PM

The National Housing Bank is considering allowing lenders to levy pre-payment penalty on housing loan customers who transfer the outstanding amount to another lender in the first two years of the loan tenure, a dampener for borrowers wanting to make...

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