Tag: #Reserve Bank of India

Home loan

Banks consider including stamp duty and registry fees in mortgages.

September 9, 2023

According to those with knowledge of the situation, home loan applicants may be eligible for higher funding if the banking sector regulator approves a bank application to include stamp duty and other registration fees in the project cost. Lenders claimed that following an internal discussion at a meeting held last month, they contacted the Reserve […]

Banks consider including stamp duty and registry fees in mortgages.more

LIC Housing raises lending rates by 0.35%; home loans will now cost 8.65%.

December 27, 2022

MUMBAI: LIC Housing Finance, like its peers, raised its lending rate by 0.35 percent. The move, which comes a week after a similar increase by bigger rival HDFC, means that the minimum rate of interest for the best-rated borrower will be revised to 8.65 percent. The company said in a statement that it has raised […]

LIC Housing raises lending rates by 0.35%; home loans will now cost 8.65%.more
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RBI steps up lending inflows into real estate sector

October 18, 2020

The Reserve Bank of India (RBI) has taken the initiative to implement the recently announced measures to promote housing loans. Customers can get loans at lower interest It may be known that this new dispensation will be applicable to all housing loans to be sanctioned by 31st March 2022. While banks will have additional capital […]

RBI steps up lending inflows into real estate sectormore
EMI of the home loan

Home loan will be cheaper, RBI took this big decision

October 10, 2020

The Reserve Bank of India (RBI) has changed the rules for new home loans. Their purpose is to promote real estate sector. The central bank has decided to rationalize the risk weight on home loans with only LTV ratio. These rules will apply to all new housing loans to be held by 31 March 2022. […]

Home loan will be cheaper, RBI took this big decisionmore
RBI

RBI shows its study for the residential market disruption with a small price drop in the sector.

April 11, 2020

According to a study by Reserve Bank of India, the residential real estate market has continued to suffer from weak demand and significant inventory overhang. Due to new launches dropping indicating the broad inventory overhang, all India house price levels moderated with Mumbai and NCR exhibiting a small price drop of almost 5 per cent. […]

RBI shows its study for the residential market disruption with a small price drop in the sector.more
DHFL

DHFL administrator issued debt settlement- receives Rs 1.2 lakh crore claims from creditors.

December 21, 2019

The Dewan Housing Finance Corporation (DHFL) administrator allegedly issued total debt settlement demands of about Rs 1.2 lakh crore from creditors after the RBI referred debt settlement to the indebted Non-Banking Finance Company (NBFC). “The lenders have filed their claims including debenture holders, secured lenders and depositors. So far the amount is about Rs 1.2 […]

DHFL administrator issued debt settlement- receives Rs 1.2 lakh crore claims from creditors.more
Bank

NPAs decline to 9.3% in FY19, deeper than the RBI forecast: Crisil.

June 15, 2019

By Abhay Harish Shah, Realty Quarter In March 2019, the system-wide non-performing asset stock decreased significantly to 9.3%, much sooner than the Reserve Bank’s forecast and steeply down from 11.5% the year before, according to a report. The report by Crisil emerges at a moment when most banks are at the cusp of ending the NPA […]

NPAs decline to 9.3% in FY19, deeper than the RBI forecast: Crisil.more
Home loan approved

Checkout the Home Loan interest rates and EMI offered by top 15 banks in India – April 2019.

April 11, 2019

By Abhay Harish Shah , Realty Quarter In the first fiscal policy of FY 2019-20, the Reserve Bank of India (RBI) cut its benchmark repo rate by 25 basis points. At Present, the repo rate remains at 6%. It kept the strategy position at nonpartisan, flagging that financing costs would stay in the stable to […]

Checkout the Home Loan interest rates and EMI offered by top 15 banks in India – April 2019.more