Teena Jain Kaushal | Apr 4, 2018, 5:08 PM IST
Linking of base rate with MCLR is a bad news for home loan borrowers, as banks would start transmitting higher rates to them with the upward reversal in interest rate cycle.
India.com News Desk | Jan 1, 2018, 4:08 PM IST
Base rate in the minimum lending rate below which a bank is not allowed to lend. The bank has also reduced BPLR (Benchmark Prime Lending Rate) from 13.70 per cent to 13.40 per cent.
PTI Feeds | Oct 18, 2017, 5:04 PM IST
IIFL Home Loan lays out growth plans for FY18
India.com News Desk | Aug 3, 2017, 10:30 AM IST
The RBI in a press-conference said that it was cutting the repo rate by 25 basis points. The reverse repo rate has also been slashed.
India.com News Desk | Jun 9, 2017, 4:24 PM IST
The revised interest rates will be 8.55 per cent per annum for salaried women and the rate of interest will be 8.60 per cent per annum for others.
Press Trust of India | Jan 7, 2017, 6:31 PM IST
"Credit growth has been very, very subdued so far. In fact, our loan book has not grown at all after the note ban announcement on November 8.
Press Trust of India | Nov 3, 2016, 11:11 PM IST
Home loans up to Rs 75 lakh for women borrowers will now attract an interest of 9.15 per cent and for others it will be 9.20 per cent, HDFC Ltd said in a statement.
Press Trust of India | Apr 8, 2016, 4:15 AM IST
The lending rates of other banks may also fall soon with the Marginal Cost of Funds based Lending Rate (MCLR) system coming into force with effect from April 1.
Press Trust of India | Oct 5, 2015, 1:11 AM IST
SBI may have cut its base lending rate by 40 basis points to 9.3 per cent following RBI's latest policy rate cut, but home loan customers of the top lender
Press Trust of India | Aug 26, 2015, 8:55 PM IST
It has been launched in association with the India Mortgage Guarantee Corporation
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