Realty stocks face selling pressure on RBI move

Last Updated: Wednesday, September 4, 2013, 13:50

Realty stocks on Wednesday fell by up to 6.3 percent after RBI asked banks to link the disbursal of home loans to the stages of construction.

RBI tightens norms for disbursal of home loans

Last Updated: Tuesday, September 3, 2013, 18:54

The central bank said such loan products, popularly called 80:20 or 75:25 schemes, are likely to expose the banks as well as their home loan borrowers to additional risks.

ICICI, HDFC raise rates; home, auto loans to get costlier

Last Updated: Thursday, August 22, 2013, 18:12

Leading financial institutions ICICI Bank and HDFC Thursday raised their benchmark lending rates by 0.25 percent, making home and auto loans costlier.

BoB announces single rate of interest for home loans

Last Updated: Tuesday, June 4, 2013, 20:31

State-run Bank of Baroda Tuesday announced a single rate of interest -- 10.25 percent -- for all its home loans.

Sundaram Home Finance launches online services

Last Updated: Friday, May 24, 2013, 15:23

Customers would be able to make requests for applying for home loans online.

Let RBI be sole regulator for all home loans: SBI

Last Updated: Saturday, May 18, 2013, 18:31

The State Bank of India Saturday suggested that the Reserve Bank of India should be the regulator for all home loans provided by banks or housing finance companies.

Housing finance cos rule out reduction in lending rates

Last Updated: Wednesday, April 3, 2013, 21:00

Leading housing finance companies like HDFC and LIC Housing Finance Wednesday ruled out immediate reduction in their lending rates citing higher cost of funds.

Budget 2013: BAI seeks hike in exemption limit on home loan interest

Last Updated: Sunday, February 24, 2013, 15:51

Builders' Association of India (BAI) on Sunday sought increase exemption limit on interest of home loans to Rs 3 lakh from the present Rs 1.5 lakh in the Union Budget to be presented next week.

Corporation Bank cuts lending rate by 0.25%

Last Updated: Wednesday, February 6, 2013, 18:06

State-owned Corporation Bank on Wednesday reduced benchmark lending rate by 0.25 percent to 10.25 percent, making loans including home and corporate cheaper for borrowers.

RBI draft norms for loan restructuring may hit banks' earnings

Last Updated: Sunday, February 3, 2013, 13:03

RBI's new draft guidelines for restructured loans are likely to hit earnings of banks by at least 3-8 percent over the next two years, while some public sector banks are expected to get most impacted, a report by Bank of America Merrill Lynch has said.