Archive for the ‘home loan’ Category

Banks May Not Up Interest Rates For Next Six Months

. New Year has brought a good news for the Corporate India. . SBI Bank chairman has indicated that there will be no increase in interest rates for next six months despite inflationary pressure. . As inflation is rising, there was speculation going around that RBI, (in its review of monetary policy) might take measures [...]

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Dubai Shakeout Leaves Thousand of Indian Families Worried

The $59-billion debt woes of state-run Dubai World, one of the largest global conglomerates, has left thousands of Indian families worried, as the region accounts for half of the country’s $25-billion remittances. . Gulf countries employ five million Indians, out of the 25 million total strength of the Indian diaspora in 130 countries, and Dubai [...]

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Record Fund Raising by India Inc,through QIPs, is on the Cards.

      Indian companies are all set to  raise record fund through share sales to institutional investors in the next few months as they attempt to reduce debt accumulated during their takeovers. Hindalco, Aban Offshore and Tech Mahindra, which bought the scandal-hit Satyam Computer, will lead this record fund raising by India Inc. Indian [...]

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RBI’s Monetary Policy – Analyst View

Hello Friends, last month we witnessed loads of action with the RBI’s monetary policy being laid down. Just an extension of our previous blog “RBI’s Monetary Policy Stance – Part 3”.       In this Blog we would read the Analyst views with respect to the monetary point of view. Analysis from the Analyst [...]

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RBI, Monetary Projections And Indian Economy

Hello Friends, Just an extension of our previous blog ”RBI And Its Policies – Part 1″. In this Blog we would touch upon the aspects as that of Monetary projection from RBI, assessment of economy scenario at present and relevance of RBI policy on economy. Monetary projection: For policy purposes, money supply (M3) growth for [...]

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INTEREST RATE FUTURES – Part 2

Hello Friends, just an extension of our previous blog on interest rates futures where we touched upon the topic of interest rates future and what is it exactly. Now we would understand that why is there need for interst rate futures and many more related aspects in this regard. Here we go : Why Interest [...]

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Interest Rates War Heating Up,Home Loans Rates Down!

An interest rate war is brewing in the home loans this festive season. Development Credit Bank (DCB) and GIC Housing offering home loans below the psychological 8%. DCB, which recently entered the segment, is offering home loans at 7.95% for loans up to Rs 5 crore at fixed interest rate for the first year and [...]

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Banks Appease Home Loans with Festival Offers :)

Banks are coming out with festival schemes on home loans ahead of Diwali. The move is aimed to increase credit demand. Meanwhile, deals include teaser rates for initial years, amid some lenders providing alternative to shift to either fixed or floating rates in following years. Lenders like Canara Bank, Bank of Maharashtra (BoM) and Dena [...]

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