Lending major Housing Development Finance Corporation (HDFC) has increased its Retail Prime Lending Rate (RPLR) on housing loans — on which its Adjustable Rate Home Loans (ARHL) are benchmarked — by 50 basis points. New Delhi, June 10 (IANS) Lending major
New Delhi, Oct 15 (IANS) PNB Housing Finance has terminated the Rs 4,000 crore deal with US-based Carlyle group for a preferential allotment. “The Board’s primary objective is to raise capital to support the growth of the Company, and the Board
Mumbai, June 25 LIC Housing Finance plans to raise about Rs 2,334.69 crore through preferential issue of equity shares to Life Insurance Corporation of India (LIC). In a regulatory filing, the housing finance company said that it will issue 4.54
Mumbai, May 31 PNB Housing Finance Ltd on Monday announced that its board has approved a capital raise of up to Rs 4,000 crore, led by entities affiliated to The Carlyle Group Inc. Pluto Investments S.a.r.l., an affiliated entity of
Mumbai, March 2 Lending major State Bank of India on Monday announced a limited period ‘home loan’ offer entailing a concession of up to 70 bps with interest rates starting from 6.70 per cent onwards. Accordingly, the limited period offer
New Delhi, Jan 11 Axis Bank, India’s third-largest private sector bank, on Monday announced the removal of penalty on premature closure of all new retail term deposits booked on or after December 15, 2020 for a tenure of 2 years
New Delhi, Oct 21 Lending major State Bank of India (SBI) on Wednesday announced concession in home loan rates by as much as 25 basis points. Accordingly, an interest concession of 25 bps will be provided for buying homes of
Mumbai, April 22 Housing Development Finance Corp (HDFC) has reduced its prime lending rate by 15 basis points with effect from Wednesday. The change will benefit all HDFC retail home customers, the company said in a regulatory filing on Tuesday.
New Delhi, March 27 In a big relief to the corporate sector, the Reserve Bank of India on Friday allowed a three month moratorium on payment of instalment in respect of all term loans outstanding on March 1, 2020. “All
New Delhi, Dec 30 The State Bank of India (SBI) on Monday reduced the external benchmark-based rate (EBR) by 25 basis points to 7.80 per cent from 8.05 per cent, which would be effective from January. With this, the EMI
Mumbai, Feb 9 A day after the Reserve Bank of India (RBI) reduced a key lending rate, the State Bank of India (SBI) decided to cut interest rates on all home loans up to Rs 30 lakh. Rajnish Kumar, Chairman, SBI,
New Delhi, Aug 2 Prices in the residential real estate sector were largely steady in the Delhi-NCR region, barring Gurgaon where prices rose marginally, a report said on Thursday. Although enquiries increased during the quarter, sales and average prices are yet
New Delhi, Jan 16 Monthly instalments on auto, home and consumer durable loans may finally come down, as the apex bank in a surprise move cut key lending rates. The unscheduled rate cut served early Thursday morning led Indian Inc.
Chennai, Aug 27 The State Bank of India (SBI) rationalised its home loan slabs from two to one and brought in one uniform interest rate, the bank said. The bank offers home loans under two categories – for women and
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