Some public sector banks are considering the option of making the second home loan a tad expensive. The difference in interest rates could be in the range of 25-50 basis points.

Faced with an increase in defaults on home loans, banks are beginning to feel the 'bite' after growing their portfolios at breakneck pace in the last three years.

Bankers have still to take a view on whether interest rates for this category of home loans will get the benefit of the risk weight reduction offered by RBI in its credit policy.

Public sector banks, which did not raise interest rates on home loans since January, are likely to pass on the benefit of lower capital requirement on loans up to Rs 20 lakh to customers.

The Reserve Bank pressed the pause button on rate hikes, while sending clear signals to banks for a marginal reduction in interest rate for small home loan borrowers.

Banks are considering higher charges for those who applying for bank loan for their second house or above the limit of Rs 15 to 20 lakh.

The government is planning to seek long-term loans from multilateral finance institutions such as World Bank and Asian Development Bank (ADB) to provide credit to domestic housing finance companies (HFC) at competitive rates

Bankers expect growth rate to halve to 15% in '08. The era of easy access to Home Loans appears over following the 300-basis-point increase in home loan rates and a near-doubling of property prices in 2006-07

Even as major private sector home loan lenders are passing on the impact of a rise in cost of funds to their borrowers, there are a few public sector banks which are contemplating against raising floating home loan rates for their existing customers

The reaction to the latest round of hike that 71% of those surveyed feel that it will hit their household expenses, while another sizeable chunk (71%) feels that they would not opt for a housing or personal loan now.

Emboldened by the State Bank of India and Bank of Baroda's decisions last week to hike interest rates, other public sector banks are expected to follow suit beginning this week. Though they were initially slow to respond to the Reserve Bank's rate hikes, many have

The State Bank of India (SBI) today raised its benchmark prime lending rate (BPLR) by 50 basis points to 12.75 per cent. SBI’s decision follows the Reserve Bank of India’s (RBI) move to raise both the cash reserve ratio (CRR)

The country’s largest bank, State Bank of India (SBI), has decided not to raise interest rates for a large number of existing home and education loan takers. While the move may be partly influenced by the earlier finance ministry advice

The Maharashtra Chamber of Housing Industry Property Fair is the only official and largest real estate exhibition of India and it’s back in Mumbai this April! Offering property buyers a plethora of properties, home loan options, especially tailor-made for this property.

Successive rate hikes over the past few months will impact both new and existing home loan borrowers, while existing customers will see a hike in their EMIs and tenures. Meanwhile, new customers too will not be spared

Finance minister P Chidambaram has called for a meeting with chiefs of public sector banks (PSBs) on April 19 to review the action taken by them on rebalacing the credit portfolio. Bankers are worried that the finance minister may raise issues

Bank of Baroda (BoB) today increased its benchmark prime lending rate (PLR) by 75 basis points to 13.25 per cent, the first nationalised bank to do so after the Reserve Bank of India (RBI) raised both the cash reserve ratio (CRR)

Growth in the home loan market may see a drop of 10 percentage points or more from the current 30 per cent following the recent increase in interest rates. Leading bankers expect the number of transactions to fall 30 to 35 per cent

The country’s largest housing finance company HDFC has raised lending rates by 75 basis points for new customers, while interest rates for existing customers is up 50 bps. on Saturday. HDFC’s floating rate loan for new customers is now pegged at 11.25%.

HDFC on Monday announced a hike in its key lending rates by 75 basis points to 14.25 per cent. The move follows the CRR hike by RBI on Friday—a step taken by the apex bank to contain liquidity in the Indian markets.

ICICI Bank, India’s second largest bank, on Saturday raised the interest rate on its home loans by 1%, a hike that will crush new buyers with a minimum interest rate of 12% on loans. The decision follows the Reserve Bank of India’s decision on Friday