With an aim to offer borrowers with a higher level of transparency and cost effectiveness, the banking system has from time to time introduced various rate-setting methodologies, based on which loan interest rates are … READ FULL STORY
Parties involved in real estate transactions, often hear many unique sector-related terms. This may often be confusing, especially for first-time buyers during an already complicated and stressful home-buying journey. In this article, we simplify … READ FULL STORY
With the repo rate now at 4%, home loan interest rates are below the 7% level. However, you may not be eligible for this low interest rate. So, it is crucial for home loan … READ FULL STORY
Through consistent reductions, most Indian banks have brought home loan interest rates to the sub-7% level. The move, which is primarily aimed at boosting consumption in the country’s second-largest employment-generating sector, at a time … READ FULL STORY
Although the Reserve Bank of India (RBI) has effected several reductions in the repo rate (the rate at which banks borrow from the central bank), lending rates have not witnessed a corresponding change. Home … READ FULL STORY
Finance is one of the most important determinants, when it comes to buying a house and most of the other considerations revolve around this. As a property purchase is often a once-in-a-lifetime decision, it … READ FULL STORY
You can learn many things from your past. As the year 2019 is now over, you can now look back and pick up the things that can help make 2020 a better year. The … READ FULL STORY
It is not only the real estate sector but the whole economy, which is facing a slowdown in growth. Several reasons have been attributed to this, including global trade disturbances, internal issues, lack of … READ FULL STORY
The RBI had, in June 2019, reduced the key policy rate, making it the third time in a row that it did so, in the calendar year 2019. Till June 30, 2019, the repo … READ FULL STORY
In order to tide over temporary liquidity crunch, banks borrow from the Reserve Bank of India (RBI), against government securities. The rate at which the RBI lends money to banks, is known as the … READ FULL STORY
On February 7, 2019, the Reserve Bank of India (RBI) announced a cut in the repo rate by 25 basis points, during its bi-monthly monetary policy meet. With this, the repo rate now stands … READ FULL STORY
While economic indicators were signalling an upward trend in the interest rates up to a few weeks ago, the Reserve Bank of India (RBI) chose to maintain a status quo on key policy rates, … READ FULL STORY
The Reserve Bank of India (RBI), in its last monetary policy review for the calendar year 2018, on December 5, 2018, left the repo rate unchanged while maintaining the stance of ‘calibrated tightening’ of … READ FULL STORY
