Jan 31, 2011
The Reserve Bank of India (RBI) had its quarterly credit policy review last week. In line with market expectations, the RBI raised the policy rates (repo and reverse repo) by 25 basis points to 6.5 and 5.5 % respectively.
Jan 29, 2011
Home loan provider LIC Housing Finance has sought a clarification from the National Housing Bank (NHB) on its provisioning requirement on "teaser" mortgages loans-where rates are lower in the initial years and rise subsequently.
Jan 29, 2011
State Bank of India and the Indian Army entered into a Memorandum of Understanding for offering a customised Salary Package to Army Personnel across India at a formal function at Manekshaw Centre, New Delhi today.
Jan 29, 2011
Buying cars will become more expensive as lenders are likely to raise rates on car loans after the latest round of interest rate tightening by the Reserve Bank of India (RBI).
Jan 28, 2011
Two days after the Reserve Bank of India raised key short-term rates; HDFC Bank on Thursday became the first major lender in the country to announce a plan to raise lending rates, which will make home and car loans expensive.
Jan 28, 2011
In its third quarter monetary policy review, the Reserve Bank of India (RBI) on Tuesday increased key policy rates.
Jan 27, 2011
India, opt for bank loans to meet their needs and requirements and in line with growing demand, the bank (private and public) are ready to launch new and improved products.
Jan 27, 2011
LIC Housing Finance Asset Management Company , a unit of LIC Housing Finance, which figured in the bribes-for-loan scam, is planning a Rs 750-crore real estate fund and is looking for people to manage it.
Jan 27, 2011
Your equated monthly instalment (EMI), on home loan is expected to go up soon. With the Reserve Bank of India hiking key policy rates, banks will soon revise their lending and deposit rates.
Jan 25, 2011
Person loans help a person to borrow some money that can be easily repaid in installments. Personal loan is very useful for people who have bad credit scores.