Tag: Repo Rate

RBI Cut Rates; Residential Market Likely to Revive

According to realty experts the residential market across India has revived after RBI cut its rates recently. In fact the RBI’s rate cut has lowered the interest rates for home loans and other loans. Reducing the interest rates for home loans and other loans, RBI recently cut its key rates. The move of the RBI […]

Commercial Realty Projects May Suffer With Increased Loan Rates

April 15, 2010 The builders might now suffer with costlier scrounging since Reserve Bank of India (RBI) plans to ask banks to set apart more funds for loans to commercial realty projects. This in turn will force banks to aggrandize the interest rates on such loans. According to senior bankers RBI can take either of […]

Home Loans Becomes More Costlier

With RBI hiking the repo rate, home loans under the floating rate regime have witnessed a hike of .75 %. Leading housing finance providers like HDFC and ICICI Bank have again raised the interest rates. Who spares a thought for the loanee?. HOME LOANS have again become dearer, no thanks to the hike in interest […]