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ICICI Bank launches 2 online home loan products with instant disbursal...

ICICI Bank, a leading private sector lender, recently announced that it has launched two home loan products with instant disbursal facility. The lender said customers can...

Interest rates to be linked to external benchmarks from April 1

Come April 1 2019, banks will link their floating interest rates to external benchmarks, with the RBI proposing this new system. The interest rates...

Bad loans of Public Sector Banks amount to Rs.6.89 trillion

With the banking sector in India being flung into turbulent times following the loan fraud involving Punjab National Bank and several other banks, to...

PNB Housing Finance sees its Q4 net profit increase by 44%

The Q4 profits of PNB Housing Finance for FY 2017-18 increased by 44 per cent compared to its Q4 profits in the previous year....

Processing Fee Waiver, Special Interest Rates on SBI Home Loans

 @TheOfficialSBI (the Twitter account of the State Bank of India), recently revealed that there will be a waiver on home loan processing fees until...

Bank of Baroda cuts home loan interest rates for its best...

Indian Public sector bank, Bank of Baroda (BoB) announced that it is offering home loans at a reduced interest rate of 8.30% to the...

Banks offer interest rate cuts and cashback to retail borrowers this...

The slump in corporate demand for loans have resulted in banks offering various discounts for its retail borrowers. The festive season offers from banks...

After SBI, ICICI and HDFC Bank reduce interest rates on home...

ICICI Bank and HDFC on Monday cut interest rates on their home loans by 0.30 per cent, following in the footsteps of State Bank...

Home Loan business expected to slow down in FY 2017

In a recent report, ICRA pointed out a possible downturn in fortunes for Home Loan businesses in the country for FY 2017-18. “Following demonetization, the...