The financing of a business is a relatively straightforward process, if you are aware of what lenders are looking for and generally what they will and will not do. The will be looking at your credit, your experience and the sort of down payment you have and information about what sort of note the [...]
Read More... Diwali offers on loans can fulfil your dream home may just be within your reach. The slash in retail asset growth and competitive pressure have forced banks to reduce rates on retail loans.
ICICI has cut rates marginally by 25-50 basis points on home, car and personal loans, as part of its festive offer. On [...]
HDFC has reduced rates on variable rate home loans by 25 basis points for new borrowers. The country’s largest housing finance provider said the rate cut was a part of a monsoon promotional offer.
“As part of the monsoon offer, a customer applying for home loan up to Rs 50 lakh between June 18 and [...]
For the first time since the housing loan boom, the country’s top three home loan providers, State Bank of India (SBI), ICICI Bank and HDFC, are approaching the Asset Reconstruction Company Ltd (Arcil) to sell bad loans from their home loan portfolios.
The move has been prompted by a sharp rise in defaults from retail [...]