High interest rate and lack of clarity on end use of funds was the primary reason behind the regulator asking banks not to classify loans to non-banking finance companies (NBFCs) for on-lending

Defending the teaser rate scheme, State Bank of India (SBI) Chairman O P Bhatt today said that over 2.92 lakh borrowers availed themselves of the scheme to buy their dream homes."About 2.92 lakh

Infosys Technologies, India's second largest information technology services firm, has discontinued some of its loan schemes for employees. In a filing to the US Securities and Exchange Commission

​People in India will have to shell out more money to buy a house this year due to increasing input costs and huge demand and supply gap, a report said today."About 70 per cent of the home seekers

Even as India has been cited as an example of prudential banking norms, the Reserve Bank of India (RBI) today said some lenders are not monitoring effectively use of loans by borrowers, which is

In an effort to encourage the farmer increase farm output, the Karnataka government intends to seriously examine the feasibility of extending farm loans under the cooperative sector at an even lower

Popular 'Teaser' loan schemes, launched especially to attract home loan borrowers, resulting in robust home loan growth in the last one year, has started to pinch banks as bad asset creation from

State Bank of India will extend its teaser home loan scheme beyond December 31 despite the Reserve Bank of India’s concerns over risks of luring those who may lack capacity to repay such loans.

Home loan borrowers will have to pay higher equated monthly instalments (EMIs) in 2011. Most leading banks and housing finance companies (HFCs), including ICICI, Housing Development Finance

Those looking for a bank loan to fund their new homes are daunted by rising interest rates and a cap on the funding they can avail from banks. As a customer, you will need to cough up more money