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HOME LOAN and INSURANCE NEWS
  June 2011
Jun 29  
At the peak of the global housing crisis in 2008, a group of executives at State Bank of India (SBI) were busy devising a new home loan scheme meant to boost the sluggish demand. The growth in housing loans had fallen from a high of 31.2 per cent...
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May 10  
The Reserve Bank of India's hawkish half-a-percent hike in policy rates has really shaken up many average individuals. Long used to quarter percent hikes (the banking regulator has hiked rates by 25 bps eight times since March 2010)...
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May 04  
Banking leader State Bank of India dropped ?prepayment charges' on all its loans over the past fortnight. The announcement coincided with the hiking of the bank's base rate and withdrawal of the controversial teaser home loan schemes...
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May 02  
Banking leader State Bank of India dropped ?prepayment charges' on all its loans over the past fortnight. The announcement coincided with the hiking of the bank's base rate and withdrawal of the controversial teaser home loan schemes...
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