India loans News

State bank of india assumed a sharpest growth in loans of real Estate Sector. But rapid growth in real estate sector increase volumes of bad loans for SBI. SBI’s gross non-performing assets, or NPAs, grew to 4.19% of total assets,

I know a bank account holder gets insurance of Rs 1 lakh for the money in the account. Can one take additional insurance for this?

Bajaj Finance Ltd managed to retain credit ratings because of high capital sufficiency, promoter supports and asset liability management. The capital adequancy ration of company is 20%.

HDFC Beats SBI in Market Capitalisation. But if we look at balance sheet of both banks, then SBI is five times bigger than HDFC Bank.

Peoples take personal loans to pay the debts like credit card dues, buying new accessories for home, sometimes purchases goods for high living life. These days peoples uses personal loans for pay back the card dues.

India Largest Auto Maker, Tata Motors Ltd. Net profit for second quarter fell sharply by 16%, prices of raw materials hikes because of inflation. Company founds slow pace in passenger’s car sales segment.

RBI found unequal rise in loans and real estate sector, Infrastructure sector. Banks provides lending to NBFC’s at high mass.

LIC housing finance applied for new banking license. LICHF appoints two four members committees for the preparations for banking foray. LICHF responded to the RBI against the draft guideline to float a new generation bank.

Net profit of lic housing finance drops directly 58% in last quarter of 2011. In last year 2nd quarter company shows a profit of 234 cr compare to the 98 cr of this year.

Interest Rates of home loans hike from last year regularly or after a period of 2-3 months. Home loan borrowers worried to take loans. In last 1.5 years floating rates goes up by 2.5 -3.5 percent.

State Bank of India is largest lender in Loans Industry. In last quarter SBI net profit rises up to 12.36%. It shocked all the industry when SBI posted these results online. On 9th to 11th of November 2011, SBI Pradip Chawdhari held a meet.

From, Last 1.5 year’s home loan interest goes hiked after some intervals. In coming days, the interest will start going down. Banks reduces their housing loan rates at different times.

The credit growth picture does not look rosy for the banking sector. For the State Bank of India (SBI), it looks worse. Data from the Reserve Bank of India (RBI) show average credit growth in the July-September quarter was 20%.

According to the Society of Indian Automobile Manufacturers, domestic car sales went down to 1,38,521 units in the month under review from 1,81,704 units sold in the like period of last year.

State Bank of India (SBI), the country's largest lender, reported a net profit of Rs 2,810 crore for the quarter ended September 30, a 12 % rise compared with the Rs 2,501-crore net profit in the year-ago period.

you have money stashed for future, now perhaps is the time to air it. Especially if your treasure is not giving good returns or bonuses. You should prepay if you can. Several banks allow a home loan borrower to partially prepay up to a

Our home loan EMIs are unaffordable not because interest rates have suddenly gone up (they have, but that’s not the main reason), but because the properties we bought were bought at inflated prices.

Now all these trips come with huge spends. Any trip for 3-5 days for 2 outside India cost at least 50000 for travel and hotels. The cost go to any limits if you opt for exotic places and then comes how to fund these trips.

With the steep rise in interest rate and tight liquidity, real estate companies across the country are facing an inventory overhang. Data from the Reserve Bank of India (RBI) suggest that mortgage additions in key metros have been stagnant since 2007

LIC Housing Finance sanctioned over Rs 100 crore toward home loans during a three-day property exhibition that concluded in the city today, a senior company official said.

GE Capital Services India said it will extend its presence in equipment and auto leasing business in India. It is now present in credit cards, corporate lending, energy services and private equity.

Banks observes the business of loans and deposits fall down in last month. The latest data released by the Reserve Bank of India shows banks lent an aggregate of Rs 40,81,598 cr to corporates and individuals as on October 21,

The State Bank of India Chairman, Mr Pratip Chaudhuri, on Tuesday ruled out any immediate increase in its savings bank account rate, saying that the largest Indian bank is confident of the people’s continuing trust in the various facilities being

The responsibility of the repayment goes on to the co-borrower or the family members of the deceased borrower. In a normal situation, if the borrower was insured the family could use the claim proceeds to settle the loan.

Despite high interest rates, rising disposable incomes and affordability is leading to high growth in personal loans. According to the sectoral data on bank credit as on September 23, released by the Reserve Bank of India (RBI),

"Though the high rates are expected to create a buzz, move only if, in addition to the higher rates, the bank is offering a variety of service features at no or low costs," says Arvind Hali, head, retail assets, Dhanlaxmi Bank.

ICICI Bank Ltd., India's largest private-sector lender by assets, Monday exceeded market expectations with a 22% jump in second-quarter standalone net profit as its loan portfolio grew and it benefited from a sharp decline in provisions.

LIC HFL has been conferred a prestigious “Best Housing Finance Company” during CNBC Consumer Award 2010 for its transparency and innovative products.

Home loans rates in India have risen 12-13 times in last two years. This has been done by policy followed by Rbi to ensure Inflation comes down. Rbi doesn't directly increase rates but with policy matters ensures

The Union cabinet today approved a 1 per cent interest subsidy on new home loans up to Rs 15 lakh if the cost of the house does not exceed Rs 25 lakh.

In India a lot of customers are now looking to apply for personal loan online. A large set of these customers apply and expect a call back so they can understand how much emi and what are the interest rates they have to pay.

Owing to various reasons, you might have failed to build an adequate corpus to meet your expenses when you are no longer earning. Or, there might be some unforeseen expenses for which you need money.

While housing loans are expected to become dearer with the recent decision of the Reserve Bank of India (RBI) to increase the repo rate by 25 basis points, the National Housing Bank has offered some consolation to home-loan customers

Evidently, the Indian consumer is unfazed by the gloomy pictures painted by commentators. Policy paralysis and governance gap are trendy phrases to use, but not much more than just that.

The Obama administration is hoping at least 1 million of these borrowers will take advantage of its refinancing program under more lenient rules unveiled Monday. Homeowners who are current on their payments will be eligible to refinance no

Title Loan : A car title loan, or simply title loan, is a loan where the borrower provides their car title as collateral for a loan.

Only 6 per cent of respondents intended to use a credit card on Christmas purchases this year

Eazeeloans.com has surpassed all expectations and is proud to announce the 50,000th customer to apply online on its portal for the various services on offer..

The new base rate system for lending will be a blessing for retail customers and small enterprises who were partly subsidising the big corporates till now.

You may have heard a lot of talk about personal loans recently, and for good reason. If you go about it properly, they can be a real life saver, saving you time and effort (not to mention money) compared to other, less conventional forms of borrowing

The country's largest lender, State Bank India, has captured 17% of the domestic housing finance market share, same as HDFC's share as on March 2010.

Home loan takers can rejoice. The revised discussion paper on the Direct Tax Code (DTC) has proposed to continue with the existing system of deducting interest payment (up to Rs 1.5 lakh) against home loan from total income before

What are the pros and cons of investing in the real estate?

Luxury comes to you at a cost! But the adage has been waning into obscurity as car companies and financing firms look to hook on a new customer with enticing deals.

Some analysts indicate that home loan interest rates may rise in the near future. There are indicators to this effect. The high inflation rate of around 10 % could affect the stable macroeconomic and interest rate environment here.

Two people creation the same income, walk into the same bank, wanting the same amount for personal loans. While they both get the loans they were seeking, one gets a much better interest rate and thus gets a much superior deal.

Most of us cannot afford to build our own homes. This may be due to scarce financial resources or unavailability of land or the absence of a desire to live in an owned home.

Existing home loan customers may be in position to bargain for a lower interest rate, as many banks are expected to pare their rates after the new base rate regime kicks in from July 1.

In the dispensation of retail loans, banks increasingly find their hands tied by the credit card history of applicants. The repayment history of all credit card holders is recorded by Credit Information Bureau

There is good news for car manufacturer in India, car sales are on a rise! Sales figures show an impressive growth from the beginning of this year with 32 percent rise in January, 33 percent and 20 percent increase respectively