Tag Archives: repo rate cut

Home Loan Rates as on 16th Oct 2015: When it Rains, it Pours!

[table id=39 /]   ***Up to Rs 500 Lac * Applicable Variable / Semi – Fixed for 2 to 3 years Rates* NOTE: Fixed/Floating Rates that vary with tenures within the specified loan amounts are indicated as a range. Fixed interest rates may be subject to a revision after a specified tenure depending on the bank’s… Read More »

Home Loan Rates as on 9th Oct 2015: It’s Raining Rate Cuts!

[table id=38 /]   ***Up to Rs 500 Lac * Applicable Variable / Semi – Fixed for 2 to 3 years Rates* NOTE: Fixed/Floating Rates that vary with tenures within the specified loan amounts are indicated as a range. Fixed interest rates may be subject to a revision after a specified tenure depending on the bank’s… Read More »

SBI’s Home Loan Rate Tweak: Existing Customers Stand to Benefit

For the State Bank of India (SBI), the market leader in the home loans segment, old certainly seems to be gold. That is, old customers are gold. Nothing else explains the latest rate tweak by the leading lender, which has kept home loan spreads unchanged for existing borrowers but has increased the same for new customers.… Read More »

RBI Cuts Repo Rate by 0.5%: What This Means For You

  The Reserve Bank of India has cut the repo rate (the rate at which it lends to other banks) by 50 basis points, or 0.5%. In a move that caught many sections of investors by surprise, the Fourth Bimonthly Monetary Policy Review of the RBI reduced the repo rate to 6.75%, down from 7.25% earlier.… Read More »