Category: Housing Finance

India’s 3 major banks SBI, PNB, ICICI Bank raised lending rates

June 2, 2018

By Realty Quarter Bureau Days ahead of RBI’s monetary policy review, India’s three major banks SBI, PNB and ICICI Bank on Friday increased their benchmark lending rates or MCLR by up to 0.1 per cent, making loans costlier for consumers. The new rates are effective from today. India’s largest lender SBI has increased the lending rate by 10 basis points across all tenors […]

India’s 3 major banks SBI, PNB, ICICI Bank raised lending ratesmore

Inditrade plans to foray into housing finance segment

May 17, 2018

By Realty Quarter Bureau Financial Services firm Inditrade Capital plans to foray into housing finance segment with focus on promoting affordable housing. “We have applied for licence. The applications (are filed) with the regulator National Housing Bank and we are awaiting approval,” Inditrade Group of Companies Chairman Sudip Bandyopadhyay said. Housing finance business will be operated through a separate subsidiary and aims […]

Inditrade plans to foray into housing finance segmentmore

HDFC hikes home loan rates up by 20 basis points

April 10, 2018

By Realty Quarter Bureau HDFC, the country’s largest housing finance company, has increased home loan rates by up to 20 basis points (100bps = 1 percentage point). It said the revision follows an increase in the cost of funds from last year. Most of the bank’s customers would be affected only marginally. Interest rates on loans up […]

HDFC hikes home loan rates up by 20 basis pointsmore

India Mortgage Guarantee Corporation (IMGC) signed an MOU with State Bank of India

SBI & Indian Mortgage Company joins hands to offer mortgage backed home loans

March 26, 2018

By Realty Quarter Bureau India Mortgage Guarantee Corporation (IMGC) signed an MOU with State Bank of India to offer mortgage backed home loans. “This tie-up will enable us to improve housing loan volumes in non-salaried segment,” said PK Gupta, MD (Retail & Digital Banking), SBI. The bank will offer the said home loan to non-salaried and self-employed customers. “Taking such […]

SBI & Indian Mortgage Company joins hands to offer mortgage backed home loansmore

Dena Bank to offer cheapest home loan at 8.25%

November 17, 2017

By Realty Quarter Bureau The ‘Dena Retail Loan Carnival’ will offer loans in the range of 8.25 per cent – 9 per cent from November 16, 2017 to December 31, 2017 State-owned lender Dena Bank today announced to offer home loan at 8.25 per cent, leaving behind industry leader SBI in terms of the cheapest loan rate offered by any player. […]

Dena Bank to offer cheapest home loan at 8.25%more

Biggest sanitation survey completed under Swachh Survekshan 2017: Venkaiah Naidu

October 26, 2017

The largest ever Sample Survey of over 18 lakh citizens has revealed that sanitation in cities and towns of the country has substantially improved during the last one year, confirming that the ‘Swachh Bharat’ buzz is making a difference on ground with people clearly perceiving a change for the better. Results of the ‘Swachh Survekshan-2017’ […]

Biggest sanitation survey completed under Swachh Survekshan 2017: Venkaiah Naidumore