ArticleField.comInternet's Fastest Growing Free Content Article DirectoryHigh inflation and the sharp rise in interest rates by banks after the Reserve Bank of India’s (RBI) monetary tightening has taken a toll on small borrowers’ ability to repay loans. According to recent finance ministry data that captures the performance of public sector banks, instances of home loan defaults contributing to gross non-performing assets […]
HDFC Bank has decided to raise rates by 25 basis points (100 basis points = 1%) on Tuesday, after the rate increases by two of the biggest lenders, SBI and ICICI Bank. HDFC Bank raised its base rate to 9.5% to 9.25% today and the prime rate from 18% to 17.75% today. The rate increases […]
LIC Housing Finance new home loan product Freedom provides customers with a one-time option within one year of obtaining the loan to convert to a fixed rate for the next five years, subject to terms and conditions. The ever-rising interest rates have not only hurt the sales of new homes but also the borrowers who […]
Buying a home is a big decision. Most of us take this decision once in life or max two times. Same is the case for choosing the bank to go for Home Loan. Below mentioned points are important to decide. 1. Property Listed with which Bank-Most of us take a lot of time to decide […]
The Indian economy is growing faster than the officially quoted 8%-8.5% GDP growth rate, said KV Kamath, the newly appointed chairman of Infosys Technologies. At a meet-the-press event here on Saturday, Kamath said India is actually growing at 11%-12%. Kamath said the economic data used to compute growth rates are not accurate. “As long as […]
