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  • indiabulls fin services merges with its home loan arm

    Indiabulls Fin Services merges with its home loan arm

    Mar 09, 2013, 06:14 PM IST

    Mumbai, Mar 9: Indiabulls Financial Services (IBFSL) has merged with Indiabulls Housing Finance (IHFL) and the new entity will focus on mortgage business.The merged entity has been registered as a Housing Finance Company (HFC) with

  • rbi asks banks not to levy pre payment charges on home loans

    RBI Asks Banks Not To Levy Pre-Payment Charges On Home Loans

    Apr 17, 2012, 08:37 PM IST

    Mumbai, Apr 17: Providing relief to home loan borrowers, the Reserve Bank today asked banks not to levy any penalty on pre-payment of loans taken on floating rate.“Though many banks have, in the recent past,

  • rbi cuts lending rate home loans may become cheaper

    RBI Cuts Lending Rate, Home Loans May Become Cheaper

    Apr 17, 2012, 01:13 PM IST

    Mumbai, Apr 17: After a gap of three years, Reserve Bank Governor D Subbarao today slashed short term lending rate by 0.50 per cent to 8 per cent, a move that will reduce the cost

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  • home loan rates cut only for new borrowers

    Home Loan Rates Cut Only For New Borrowers

    Apr 02, 2012, 08:26 AM IST

    New Delhi, April 2 : Banks are offering reduced home loan rates only for new borrowers, and this is not being applied in the cases of existing borrowers. On Sunday, Canara Bank slashed home loan

  • icici bank launches two fixed interest home loan products

    ICICI Bank Launches Two Fixed Interest Home Loan Products

    Aug 18, 2011, 05:29 PM IST

    Mumbai, Aug 18: India's largest private lender ICICI Bank today launched two home loan products, which give borrowers the option of having a fixed interest rate for up to the first two years of a

  • icici hikes lending rate by 25 bps to 9.50pc

    ICICI Hikes Lending Rate By 25 Bps To 9.50pc

    Jul 01, 2011, 09:52 PM IST

    New Delhi, July 1: The country largest private sector lender, ICICI Bank, today announced a hike of 25 basis points in its lending rate to 9.50 per cent effective from Monday.“ICICI Bank has announced an

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