Sep 21, 2011
Housing finance watchdog National Housing Bank (NHB) has said demand for home loans will slow down in the next few months due to high property prices.
Sep 21, 2011
Automotive sales in India for the fiscal ended March 2011 were 26%. But rising interest rates on loans coupled with moderating automotive sales peg the industry growth at between 13 to 14% for the current fiscal.
Sep 21, 2011
HSBC is looking to grow its unsecured Indian loan portfolio, mainly credit cards, its country chief executive said, as its retail operation moves towards a return to profitability in Asia's third-largest economy.
Sep 13, 2011
On the credit card front, a new study by CardHub finds that while card companies are more transparent than they were a year ago, information isn’t as plain and simple as it could be.
Sep 12, 2011
Ahead of the festive season, State Bank of India has announced a special car loan scheme which will provide credit at attractive interest rate.
Sep 12, 2011
Home buyers cannot but help feel a sense of ‘déjà vu' as leading housing finance institutions start making the combo offers on housing loans — a mix of fixed and floating rates.
Sep 09, 2011
General Motors has announced that they will be evaluating their current automobile prices for the Indian car market. This has become necessary due to the fact that raw material prices are on the rise in response to inflationary trends.
Sep 09, 2011
Public sector banks are finding it tough to increase the tenure of housing loans to soften the impact of repeated increase in interest rates, despite the finance ministry advising banks to keep the equated monthly installments constant.
Sep 08, 2011
‘Prevention is better than cure’ seems to be the focal point of the latest action points of the Reserve Bank of India (RBI) in the Annual Conference of Banking Ombudsman. So, the apex bank is looking at setting a template of good
Sep 07, 2011
it was time for them to return the compliment. ICICI Bank brought back the teaser loan by offering fixed rates of 10.5-11.5 percent (depending on the size of the loan) for one year and 10.75-11.75 percent if you want your rates fixed for two years