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...
12 Aug, 2026, 02.33 PM IST
Student loans, GoI reading this rightIn a groundbreaking move, the government is set to double education loan disbursals across the country, enabling greater access to higher e...
07 Aug, 2026, 11.58 PM IST
Good news for HDFC Bank borrowers: Lending rates reduced across multiple tenures; check latest listIn a strategic move, HDFC Bank has reduced its MCLR rates across various tenures by as much as five basis points, effective from August 7, ...
07 Aug, 2026, 06.08 PM IST
RBI's Rate Pause Sustains Steady Momentum in Residential Real EstateIndia's residential property sector remains robust, driven by consistent demand and advancements in infrastructure. The Reserve Bank of Ind...
07 Aug, 2026, 04.21 PM IST
19x leverage on FCNR(B) deposits and high returns may not work for NRIs based in Singapore in this caseFCNR (B) FD: For NRIs, the potential gains from FCNR(B) deposits may be undermined by Singapore's tax policies. Interest earnings from Indi...
07 Aug, 2026, 02.24 PM IST
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 ...
07 Aug, 2026, 11.39 AM IST
Mortgage rates hit highest level in over a year. Here's what it means for homebuyers in the USUS mortgage rates have climbed for five consecutive weeks, reaching a yearly high. This trend makes homeownership increasingly difficult fo...
07 Aug, 2026, 12.14 AM IST
CREDAI, NAREDCO hail RBI policy, stable home loan interest rate to help sustain housing demandThe real estate industry's leading organizations, CREDAI and NAREDCO, applaud the RBI's decision to maintain the current repo rate. This mo...
05 Aug, 2026, 06.04 PM IST
CREDAI, NAREDCO hail RBI policy, stable home loan interest rate to help sustain housing demandRealtors welcomed the Reserve Bank of India's decision to maintain the repo rate. This stability in home loan interest rates is expected to...
05 Aug, 2026, 05.01 PM IST
RBI's status quo on rates to support housing demand, keep real estate sentiment intact: IndustryThe RBI's decision to keep the repo rate unchanged at 5.25% for the fourth straight review has received a positive response from the real e...
05 Aug, 2026, 01.31 PM IST
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...
05 Aug, 2026, 01.01 PM IST
Changes in EBLR & MCLR framework, interest rate charging mechanism and how reset dates are decided- RBI proposalRBI MPC policy: The Reserve Bank of India plans to simplify loan interest rate rules for all regulated entities. This initiative aims to ha...
05 Aug, 2026, 12.15 PM IST
Retiring with an EMI? Here's when it can make sense and when it could derail your retirementRetiring debt-free is an ideal goal, but not always achievable or necessary. Experts suggest focusing on EMI affordability rather than comp...
04 Aug, 2026, 06.17 AM IST
Will FD investors get higher interest rates as Iran-US war continues and inflation shoots?Rising inflation and increased credit demand are pushing banks towards higher fixed deposit rates. Banks are also facing competition from s...
03 Aug, 2026, 04.37 PM IST
India's housing market splits as affordability weakens in Mumbai, NCR despite lower loan rates: ReportIndia's residential real estate market is showing mixed trends, with lower home loan rates improving buyer sentiment in many cities while a...
03 Aug, 2026, 04.01 PM IST
Bank of Maharashtra slashes home loan rates to 7% with zero processing feesBank of Maharashtra has reduced its home loan interest rate to seven percent. This special offer includes a complete waiver of processing a...
02 Aug, 2026, 12.22 PM IST
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...
31 Jul, 2026, 04.30 PM IST