After rates hit roof in 2011, borrowers look to better days

Last Updated: Thursday, December 29, 2011, 14:06

As per banks` latest postings, NPA levels saw 33 percent increase year-on-year for the September quarter. Under the system generated approach, a loan turns NPA on the 91st day of non-payment of EMIs.

After rates hit roof in 2011, borrowers look to better days

Last Updated: Thursday, December 29, 2011, 14:06

As per banks` latest postings, NPA levels saw 33 percent increase year-on-year for the September quarter. Under the system generated approach, a loan turns NPA on the 91st day of non-payment of EMIs.

Banks to get Rs 6K-cr more from home loans on rising rates

Last Updated: Tuesday, October 11, 2011, 23:39

The rising interest rates will push up the equated monthly installments (EMIs) of home loan borrowers by Rs 6,000 crore annually, leading research agency Crisil said on Tuesday.

EMIs set to go up as RBI hikes interest rates again

Last Updated: Friday, September 16, 2011, 21:31

Interest rates and EMIs are set to go up again with the Reserve Bank Friday hiking its key rates by 25 basis points, the 12th time since March last year, to tame high inflation overlooking sliding growth.

Govt asks banks increase tenure of loans, not EMIs

Last Updated: Wednesday, August 24, 2011, 23:23

Worried over the impact of rising interest rates on borrowers, the government has asked all public sector banks to increase the tenure of loans instead of raising EMIs.