Jan 02, 2012
In year 2011, RBI kept increasing rates till Nov and just by the year end, they gave signals that rates may come down. So in year 2012, here is what we expect in the loans market.
Jan 02, 2012
Festive offers on loans are continue for the next couple of months. PSU banks offering housing and auto loans at discounted rates under their festival campaigns that began in September, have decided to extend the discounts beyond December 31.
Dec 29, 2011
Lending by Indian banks to the housing sector increased by 14% to Rs369,900 crore at the end of October 2011 from Rs324,748 crore at the end of 2010. It had risen by 12% in October 2010 over the previous year, according to data from the RBI.
Dec 29, 2011
Acquiring a personal loan is intended for financing is intended for financing and managing a person’s financial needs. For taking finance, a person may apply for a loan or a credit card to purchase shares or any asset like home, vehicle etc.
Dec 28, 2011
The government has quadrupled the limits on loans that a bank's internal committee can approve, a move that could quicken credit clearance at 26 state-run banks, including the Bank of Baroda and PNB.
Dec 28, 2011
Pledging gold has traditionally been glower upon. Only those in terrible need would go to the moneylender or the local jeweller, get stiff terms for the loan, and yet have no other choice but to settle for it. Socially, vow gold signified
Dec 27, 2011
Barclays Finance India, plans to close the majority of its branches here, as part of the lender's plan to scale down retail operations in the country. The number of branches would be reduced to a 'single digit' from around the current 30.
Dec 26, 2011
Floating rate home loans, which did not reflect market rates when they fell, would now become more faithful to their name. With all major lenders discontinuing prepayment charges on floating rate loans, including those refinance
Dec 24, 2011
You don’t need to provide documents and collateral for to up loans. The tenure of a top up loan can be as long as the outstanding tenure of the home loan. This will help you to reduce your overall cash outflow.
Dec 22, 2011
The rapidity of expansion in home loans is on the decline after for a short time gaining momentum in mid-2011. High interest rates on housing loans are indeed larceny home buyers, forcing them to postpone investment decisions.