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.
HDFC's move comes just days after State Bank of India and Kotak Mahindra Bank announced rate cuts
Women borrowers to get a special concession of 5 bps on home loans
The discount should be equal to the interest rate on SBI's saving account deposits as on April 1 of every financial year
Here is the list of top stocks that could be in focus on February 26.
Only Reliance Industries and State Bank of India emerged as gainers from the top 10 most-valued companies list
Morgan Stanley is overweight on SBI and has revised its price target upwards to Rs 600
Public sector lenders advanced up to 20% in Thursday’s trade amid reports that the government is likely to bring amendments to two legislations late
"We would like to inform our customers that Aadhaar Card seeding is mandatory for those desirous of receiving any benefit or subsidy from Govt. of Ind
The lender also said it has waived the processing fee till March for borrowers availing home loans for the bank's approved projects