Driven by angry mortgage borrowers, RBI has once again nudged top banks to charge lower home loan rates to old customers instead of just using the lower interest rates to pull new borrowers. But lenders …

The year 2009 was a good one for home loan borrowers. Banks rolled out the goodies for them in the form of low interest rate offers and special home loan packages. Stable property prices also …

If you are looking to finance the purchase of your dream house with a cheap bank loan, time is running out, with large public sector banks such as State Bank of India (SBI) and Punjab …

An interest rate war is brewing in the home loan segment this festive season. Development Credit Bank (DCB) and GIC Housing are offering home loans below the psychological 8% level. DCB, which recently entered the …

Following its public peer and country’s largest lender, Punjab National Bank (PNB) is set to announce ‘festival offer’ for home loan borrowers this week. A senior bank official said, “This will be a part of …

Country’ largest lender, State Bank of India has been disbursing home loans via non-conventional channels. Recently, the bank organized a three days ‘SBI Home Fair 2009′ at Mayor Ramanathan Chettiar Centre in Chennai. The bank …

Home loan interest rates, especially on new home loan accounts, started softening from the beginning of this year when the Reserve Bank of India
(RBI) announced sharp cuts in the repo rate and cash reserve ratio …

The Reserve Bank of India’s (RBI’s) decision to cut its key rates — repo as well as reverse repo — has renewed India Inc’s hope of fresh round of lending rate cuts by banks. Industry …

More than 80 per cent of India borrows home loans that are below Rs 20 lakh and it is this segment in the Tier II and Tier III cities that stands to gain after today’s …

DLF Ltd,  has fired some of its employees and put on hold some of its residential, commercial and hotel projects, because of a slump in real estate demand and liquidity crunch.
“We must have laid off …