http://www.rupeetimes.com/news_advice/home_loans Home Loans News & Advice from rupeetimes.com (C) 2007 rupeetimes.com Tue, 16 Mar 2010 11:24:32 +0530 LIC Housing Finance, the finance wing of Life Insurance Corporation (LIC) of India has big ambitions set for the upcoming fiscal.With the demand for affordable housing taking a leap, the company is planning for prodigious unfurling of its loan base."Last year it was a difficult year for housing fina... http://www.rupeetimes.com/news/home_loans/lic_housing_finance_to_augment_its_loan_base_3343.html 12345678903343 Tue, 16 Mar 2010 10:28:00 +0530 Public sector lender, Central Bank of India is planning to buy back the stakes of all its partners in the mortgage finance subsidiary by the end of current fiscal. The mortgage finance subsidiary of the bank runs under the name of Centbank Home Finance.Unit Trust of India (UTI) which is one of the p... http://www.rupeetimes.com/news/home_loans/central_bank_plans_complete_buyback_of_mortgage_finance_subsidiary_3340.html 12345678903340 Mon, 15 Mar 2010 10:29:22 +0530 Allahabad Bank CMD, Mr. J.P.Dua has said that the Indian market is flush with liquidity and that the trend is all set to continue in future too. "The reverse repo levels have been hovering above Rs 20,000 crore, which shows there is ample liquidity for the borrowers," he said.Although some liquidity... http://www.rupeetimes.com/news/home_loans/allahabad_bank_cmd_says_indian_market_flush_with_liquidity_3334.html 12345678903334 Fri, 12 Mar 2010 10:39:02 +0530 With the teaser rate tenure coming to an end, it is time to gather the market share earned by the different players during the reign.Of the total amount of Rs. 45000 crore lent as cheap loan, SBI seems to have gathered the biggest chunk of the pie by sanctioning a colossal 67% of the total loan amou... http://www.rupeetimes.com/news/home_loans/sbi_grabs_the_biggest_chunk_in_home_loan_platter_3328.html 12345678903328 Thu, 11 Mar 2010 10:56:37 +0530 RBI's three year plan of financial inclusion has been supported as well as adopted by three states of India so far. RBI sources now acknowledge the inclusion of another member in the list by the name of Tamil Nadu. The financial inclusion drive is a measure taken by RBI to spread banking awareness i... http://www.rupeetimes.com/news/home_loans/tamil_nadu_votes_in_for_financial_inclusion_plans_of_rbi_3321.html 12345678903321 Tue, 09 Mar 2010 09:45:07 +0530 Base rate system which has been in the limelight since quite some time has still some more days to hit the banking platform. The Reserve Bank of India has declared that the base rate system which was to become effective from 1st April 2010 will now be applicable from 1st July 2010."It will start fro... http://www.rupeetimes.com/news/home_loans/base_rates_shift_base_from_april_to_july_3306.html 12345678903306 Mon, 08 Mar 2010 11:49:43 +0530 The new interest rate system adopted by the RBI as base rate system has put commercial banks in concern. These banks are now seeking clarifications regarding exclusion of home loan pricing from the base rate system.Ever since the idea of propagating the base rate system has been adopted by the RBI,... http://www.rupeetimes.com/news/home_loans/base_rate_system_puts_a_question_mark_on_home_loans_3301.html 12345678903301 Fri, 05 Mar 2010 10:54:17 +0530 Australia and New Zealand Banking Group (ANZ) has finally received approval from RBI to restart its operations in India after 10 years. The group plans to set up its first branch in India in Mumbai in around a year.The bank is eyeing a pretax profit of A$100 million ($90.50 million) from its Indian... http://www.rupeetimes.com/news/home_loans/10_years_later_australias_anz_gets_entry_passage_to_india_3295.html 12345678903295 Wed, 03 Mar 2010 12:11:52 +0530 33 regional rural banks (RRBs) of the country are to receive capital infusion from the government so as to increase their capital risk weighted assets (CRAR) ratio to 9% by 2012.CRAR ratio is an indicative of a bank's strengths in terms of capital. The finance ministry had been planning to provide c... http://www.rupeetimes.com/news/home_loans/budget_2010_plans_capital_infusion_for_rrbs_3285.html 12345678903285 Tue, 02 Mar 2010 10:32:11 +0530 The Indian operations of HSBC have posted a 44% drop in the net profits of the bank for the year ended 31st December 2009. This decline can be accounted to as a result of Rs. 1000 crore loss incurred by the retail banking segment of the bank. The commercial banking segment of the bank has also showe... http://www.rupeetimes.com/news/home_loans/hsbc_india_records_44_decline_in_profits_3273.html 12345678903273