Weigh the costs while shifting to another lender for home loansOnce the tenure of the fixed rate gets over, the teaser loan scheme is converted into a floating rate scheme in line with the prevailing ma...
01 Sep, 2012, 03.25 PM IST
- Home loan borrowers to pay 15% more in EMIs
Increase in EMIs due to rising interest rates, reset of teaser loans will put additional annual burden of about Rs 6,000 cr on home loan bo...
12 Oct, 2011, 08.33 AM IST
- Once bitten, SBI says enough with teaser loans
Country's largest lender SBI on Wednesday ruled out re-launching teaser rate loans, days after its private sector rivals.
07 Sep, 2011, 10.37 PM IST
- ICICI Bank surprises with new home loan offering, rate for first two years fixed at 10.75%
The offering from ICICI, whose home loan assets have shrunk 17% from the 2008 peak, may prompt rivals to come out with similar 'teaser loan...
19 Aug, 2011, 01.55 AM IST
- SBI withdraws teaser home loan scheme with effect from May 1
SBI Easy Home Loan and SBI Advantage Home Loan will be replaced by floating interest rate schemes on par with other commercial banks.
20 Apr, 2011, 08.51 PM IST
- Parekh slams NHB for spiking teaser loan provisioning
Deepak Parekh hit out at the NHB's decision to raise provisioning norms for teaser loans, saying it is steep and there is no "logic or rati...
07 Jan, 2011, 09.15 PM IST
- How to survive rising home loan rates
As bank after bank withdraws teaser rates, signalling the end of low rates, it’s time for borrowers to do some quick maths.
17 Dec, 2010, 06.10 AM IST
- HDFC, ICICI Bank, Corp Bank withdraw teaser rate loans
The move to withdraw the schemes gains significance in the context of concerns expressed by banking regulator, the RBI, in its November pol...
02 Dec, 2010, 05.57 AM IST
- ICICI Bank discontinues teaser rates
Teaser rate is a special loan scheme under which a concessional rate is offered for a limited period to attract customers.
01 Dec, 2010, 04.45 PM IST
- Need regulator to monitor teaser rates: Basu
With some lenders averse to discontinuing controversial teaser rates offered on loans, Chief Economic Advisor Kaushik Basu today called for...
16 Nov, 2010, 03.09 PM IST
- ET in Classroom: Teaser rates?
Teaser loan rates are special home loan rates that are called so, as the banks attract customers by offering them lower rates of interest i...
16 Nov, 2010, 06.21 AM IST
- OP Bhatt rejects Deepak Parekh offer to end teaser rates
Teaser rate loans are multi-year loans that bear low monthly repayment in the initial 2-3 years. It shoots up substantially in the subseque...
12 Nov, 2010, 02.06 AM IST
- Banks challenge RBI curb on teaser home loans
Leading banks have challenged the Reserve Bank of India’s decision to curb ‘teaser home loans’ which banks have aggressively sold to thousa...
03 Nov, 2010, 03.06 AM IST
- Teaser rates irk Finmin, may bar new schemes
PSBs may be barred from offering fresh rates ahead of July 1, when more transparent 'base rate' comes into effect. Are teaser rates 'take i...
26 Apr, 2010, 06.35 AM IST
- Teaser rates irk Finmin, may bar new schemes
The finance ministry may bar state-run banks from launching fresh teaser loan schemes.
26 Apr, 2010, 06.21 AM IST
- 'Teaser loans may hit banks' financial stability'
Defaults may rise on financially-weak borrowers, says MoS FM Namo Narain.
24 Apr, 2010, 02.37 AM IST
- Teaser home loans here now and gone tomorrow!
Teaser home loans are there to sop up excess liquidity that is threatening to lull the lending market into a state of inactivity.
20 Feb, 2010, 12.05 PM IST