loan borrowers

RBI removes penalty on prepayment of home loans


June 5th, 2012 - 11:04 pm ICT by IANS
Mumbai, June 5 (IANS) The Reserve Bank of India (RBI) Tuesday announced removal of foreclosure charges/prepayment penalty on home loans with floating interest rates.In a notification, the central bank said ... Read more...

Posted in Business |

Small home loan borrowers to get 1 percent interest subsidy


October 25th, 2011 - 5:45 pm ICT by IANS
New Delhi, Oct 25 (IANS) In a bid to provide relief to small home loan borrowers from rising interest rates, the government Tuesday said it will provide 1 percent ... Read more...

Posted in Business |

Bill to help banks recover dues to be introduced in winter session


October 13th, 2011 - 5:26 pm ICT by IANS
New Delhi, Oct 13 (IANS) The government Thursday approved the introduction of a bill in the winter session of parliament, which will help banks improve their debt recovery process and ... Read more...

Posted in Uncategorized |

ICICI Bank, LIC Housing cut home loan rates


December 31st, 2008 - 9:42 pm ICT by IANS
Mumbai, Dec 31 (IANS) Two more lending institutions - ICICI Bank and LIC Housing - Wednesday cut their interest rates on home loans by up to 75 basis points (bps).While LIC Housing ... Read more...

Posted in Uncategorized |

Centre announces Rs.20, 000 crore stimulus package to boost economy


December 7th, 2008 - 7:59 pm ICT by ANI
ZCZC ANI (National) New Delhi, Dec.7 (ANI): To counter the effects of the global financial slowdown and its impact on various sectors of the Indian economy, the Central Government on Sunday ... Read more...

Posted in National |

Inside the financial tsunami: what brought it on?


October 3rd, 2008 - 11:51 am ICT by IANS
New Delhi, Oct 3 (IANS) The financial tsunami now inundating global economies and markets was brought on by imprudent easing of US lending norms and extreme over-leveraging by giant US investment banks, ... Read more...

Posted in World |

Home loan borrowers face higher instalment payout (Lead)


July 31st, 2008 - 11:58 pm ICT by IANS
New Delhi, July 31 (IANS) Already hit by spiralling prices of household items, those who have already taken home loans face the prospect of having to cough up higher equated monthly instalments ... Read more...

Posted in Business |

Home loan borrowers face higher instalment payout


July 31st, 2008 - 7:04 pm ICT by IANS
New Delhi, July 31 (IANS) Already hit by spiralling prices of household items, those who have already taken home loans face the prospect of having to cough up higher equated monthly instalments ... Read more...

Posted in Business |

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