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The average ticket size of microfinance loans stood at Rs 34,900 in the December quarter of the current fiscal
Not just the public sector banks, private sector lenders have also slashed their rates
A borrower should always check the number of remaining years and opportunity cost before prepaying home loan
It is extremely critical that the financial sector owns up the responsibility of doing high-quality lending, especially on the infrastructure side, K V Subramanian said
The latest MSME Credit Health Index indicates that credit growth has accelerated
PNB Housing and Yes Bank will synergise capabilities to provide an efficient and seamless experience to existing and new retail home loan customers
A 5-basis point cut in the interest rate for a home loan of Rs 10 lakh of 20 years brings down the cost of the loan by Rs 7,113 and EMI by Rs 30.
Women borrowers to get a special concession of 5 bps on home loans
Home loan demands were highest in key residential markets Highest demand for home loans were seen in key residential markets of Bengaluru, Delhi, Hyderabad, Mumbai and Pune.
The lender also said it has waived the processing fee till March for borrowers availing home loans for the bank's approved projects