Searched for
FLOATING RATE HOME LOAN
Low-interest home loan with a fixed rate for years: Should you go for this new hybrid home loan?Kotak Mahindra Bank introduced a hybrid home loan product for borrowers. This loan allows locking EMIs at current low rates for several yea...- Why rising Treasury yields are becoming a growing risk for the US economyA sell-off in U.S. Treasuries has pushed yields higher, raising borrowing costs for households, companies and the federal government. Highe...
- Got a salary hike? Your extra Rs 25,000 could disappear without you noticing. CA suggests what to do first after your salary gets creditedA salary hike can quickly disappear into higher EMIs, credit card spending, BNPL purchases and lifestyle upgrades. CA Nitin Kaushik advises...
- These 7 bank stocks have an upside potential of up to 27% in one year, according to analystsConsider how things have panned out for the banking sector in Q1 FY27. The quality of loan books has improved. Though credit growth was not...
- US single-family housing starts slide in JulyThe U.S. witnessed a notable decline in single-family homebuilding last month, primarily due to elevated mortgage rates. An increase in uns...
- India imposes minimum import price on clear float glass to curb cheaper importsTo safeguard its local glass industry, India has enacted a minimum import price for clear float glass, directly benefiting manufacturers li...
- Axis Bank expands corporate play beyond loans, shuns price warAxis Bank is broadening its corporate banking services beyond just lending. The lender targets fee income and low-cost deposits from corpor...
- Singapore put solar panels on the sea expecting waves to be the biggest challenge, but barnacles had other plansSingapore is using floating solar farms to address land scarcity while expanding renewable energy generation. However, marine organisms can...
- No need for fresh capital for five years: Shriram Finance CEO Parag SharmaParag Sharma expects the company, India's second-biggest non-bank lender by market value, to sustain 18-20% credit growth annually and main...
- Hidden risks of FCNR (B) deposit investment and leverage: Why high interest rates may not tell the full storyFCNR(B) deposits have become attractive to investors looking for significant returns in US dollars, largely thanks to government hedging st...
- RBI issues directions on fixed, floating rate loans: What changes for home, personal, MSME loans and existing borrowersThe Reserve Bank of India has proposed a new framework for loan interest rates. This framework aims to bring more uniformity and transparen...
- Banks to reveal loan rates every month in RBI's disclosure tweakThe Reserve Bank of India has proposed new lending rate guidelines. Regulated entities must declare lending rates monthly and reset floatin...
- RBI invites public comments on draft rules to standardise how lenders set interest ratesThe Reserve Bank of India has proposed new rules for loan interest rates. These directions aim to harmonize lending practices across variou...
- RBI proposes new interest rate rules for regulated entities, seeks public commentsThe Reserve Bank of India is harmonizing interest rate determination methods for regulated entities. New guidelines will define internal be...
- Woman took a home loan at 12% interest, but Citi Bank charged up to 16.5% and recovered Rs 12.9 lakh extra; consumer commission orders refund and Rs 1 lakh compensationCiti Bank has been ordered to refund Rs 12,91,248 to a home loan borrower after the Delhi State Consumer Disputes Redressal Commission foun...
- Can NRIs invest in RBI Floating Rate Savings Bonds offering 8.05% interest rate?Non-Resident Indians (NRIs) are prohibited from making new investments in RBI floating rate savings bonds; however, those who are existing ...
- Think a Rs 50,000 EMI is better than Rs 35,000 rent? CA explains the home loan trap many ignoreCA Nitin Kaushik warns that comparing a Rs 50,000 EMI with Rs 35,000 rent can hide the true cost of homeownership. A 20-year loan may cost ...
- RBI bars banks from disabling mobile devices of defaulting borrowersBanks cannot disable borrower mobile phones and laptops for loan recovery. This new rule applies unless the devices themselves were finance...
- RBI MPC: Home loan borrowers can breathe a sigh of relief, but how long their good days will last?RBI repo rate: The Reserve Bank of India has maintained its repo rate at 5.25%, providing ongoing relief for home loan borrowers. This deci...
- Home loan EMI, amortisation and prepayment- The mathematics every borrower in India must understandUnderstanding home loan mechanics helps borrowers reduce total borrowing costs. The reducing balance method ensures interest decreases as t...
Load More
