http://www.rupeetimes.com/news_advice/home_loans Home Loans News & Advice from rupeetimes.com (C) 2007 rupeetimes.com Fri, 03 Feb 2012 11:36:12 +0530 In order to give boost to its credit expansion, the largest lender of the country, State Bank of India may soon announce reduction in its interest rates. Former holds the reputation of being the largest lender in the country.The Chief Financial Officer at SBI, Mr. Diwakar Gupta said, "All sentimen... http://www.rupeetimes.com/news/home_loans/sbi_may_reduce_its_interest_rates_6220.html 12345678906220 Wed, 01 Feb 2012 11:31:51 +0530 A committee headed by the CMD of Union Bank of India, Mr. M. V. Nair has been set up by the apex bank to review issues related to priority sector lending. The Reserve Bank of India is planning to categorize housing finance to the weaker sections under priority lending.The Deputy Governor of Reserve... http://www.rupeetimes.com/news/home_loans/home_loans_to_weaker_section_may_be_brought_under_priority_lending_6213.html 12345678906213 Wed, 01 Feb 2012 10:45:50 +0530 There have been indications from the Reserve Bank of India that there may be further decline in the Cash Reserve Ratio in the next monetary policy review. The next policy review is scheduled for 15th March.In the recent monetary policy review, the apex bank reduced CRR by 50 basis points. However, t... http://www.rupeetimes.com/news/home_loans/further_reduction_possible_in_crr_6209.html 12345678906209 Tue, 31 Jan 2012 11:52:33 +0530 The de-classification of the farm credit by the Reserve Bank of India in July last year is likely to create hindrance for Bank of India. The apex bank has mandated all the lenders to lend 20% to the priority sector. The target seems unlikely for the bank to achieve.The Executive Director of Bank of... http://www.rupeetimes.com/news/home_loans/bank_of_india_struggling_to_achieve_priority_sector_lending_targets_6207.html 12345678906207 Tue, 31 Jan 2012 11:48:19 +0530 The lenders in the country are acting very cautiously while lending to the customers. The banks are very much concerned about the credit score of the applicant and prefer lending to those with a sufficiently high credit score.The Managing Director of leading credit agency, CIBIL, Mr. Arun Thukral sa... http://www.rupeetimes.com/news/home_loans/good_credit_score_of_customers_ensures_happy_lending_6206.html 12345678906206 Tue, 31 Jan 2012 11:04:36 +0530 The Institute of Chartered Accounts of India (ICAI) has asked Finance Ministry to increase the tax exemption limit for home loan borrowers. It has asked to double the limit from 1.5 lac to 3 lac on home loan repayment.The lending rates escalated to a great extent during the previous year. Among oth... http://www.rupeetimes.com/news/home_loans/icai_asks_to_increase_tax_exemption_limit_on_home_loans_6203.html 12345678906203 Mon, 30 Jan 2012 15:59:39 +0530 In the recent monetary policy review, the Reserve Bank of India reduced the Cash Reserve Ratio (CRR) by 50 basis points but kept the interest rates unchanged. Leading foreign sector lender in the country, Barclays does not expect any rate cut before April.In its "The Emerging Markers Weekly" report,... http://www.rupeetimes.com/news/home_loans/barclays_capital_expects_no_rate_drop_till_april_6199.html 12345678906199 Fri, 27 Jan 2012 12:46:54 +0530 The hike in the policy rates by the Reserve Bank of India during the last year lead to a reasonable increase in the home loan rates. Though, there was no dearth of the home loan borrowers during that period also.The Chairman and Managing Director of Indian Overseas Bank, Mr. M. Narendra said, "Most... http://www.rupeetimes.com/news/home_loans/home_loan_stands_good_despite_interest_turmoil_6195.html 12345678906195 Wed, 25 Jan 2012 11:22:36 +0530 The second largest private sector lender in the country, HDFC Bank has opened its branch at Chittoor in Andhra Pradesh. Including the recent one, the total number of branches of the bank in the state has reached the figure of 150.The country head, branch banking of HDFC Bank, Mr. Navin Puri said, "W... http://www.rupeetimes.com/news/home_loans/hdfc_bank_reaches_milestone_in_andhra_pradesh_6175.html 12345678906175 Tue, 24 Jan 2012 13:53:13 +0530 The Reserve Bank of India has announced monetary policy review. The policy rates have been kept unchanged. To some relief Cash Reserve Ratio (CRR) has been reduced by 50 basis points or 0.50%. The CRR now stands at 5.50%.The apex bank expects that the reduction in CRR would assuage the liquidity in... http://www.rupeetimes.com/news/home_loans/monetary_policy_announced_policy_rates_do_not_change_6172.html 12345678906172