The entry of HDFC Ltd has stirred the online property search business segment. The country’s top mortgage lender has launched its own real estate search portal www.hdfcred.com. The venture will be operated …

Mumbai:
At a time when the economy is buzzing with the possibility of interest rates hardening, home loan major HDFC surprised everyone by slashing rates for the first year to 8.25% per annum, from 8.75% earlier.
As …

Mumbai:
Two days after the Reserve Bank of India indicated an increase in interest rates, ICICI Bank cut home loan rates by bringing back its old teaser home loan rate product till the end of the …

Mumbai:
Riding on the back of the robust growth in housing loan demand, local housing finance companies, or HFCs, have offered smart returns to investors in the past few months. Stocks of most of the HFCs …

On March 7, T.S.Vijayan chairman of Life Insurance Corporation of India (LIC), India’s No. 1 insurer announced that LIC will invest nearly Rs 36,000cr in infrastructure in 2010-11 on the sidelines of a stone-laying function …

State Bank of India (SBI), the largest bank in India and one of the leading players in the housing finance market, has raised interest rates on home loans. Although the bank will continue with its …

Season for teaser loans does not seem to have vanished at least for SBI. The bank is expected to continue with its 8% happy loan scheme even after 31st March 2010 till July. A formal …

The honeymoon for home and auto buyers is over. With the Reserve Bank of India (RBI) raising repo and reverse repo rates by 25 basis points last week, most expect that interest rates will now …

The latest ‘teaser’ from the Reserve Bank of India hasn’t amused Om Prakash Bhatt, chairman of State Bank of India, the bank that pioneered limited-period soft terms for home loans. “I don’t know what the …

After being at the helm of home loan major Housing Development Finance Corp (HDFC) for about 16 years, Deepak Parekh will relinquish his position as CEO on December 31. Keki Mistry, currently the V-C and …