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How Much Will Home Loan EMI Drop After RBI's Repo Rate Cut With the central bank cutting the repo rate by 50 basis points -- from 6 per cent to 5.5 per cent -- banks are expected to lower interest ...
India Business News: An FIR has been filed against HDFC Bank's MD and CEO by a certain Mehta family that defaulted on a bank loan provided back in 1995. The private lender ...
This was long before HDFC’s eventual merger with HDFC Bank in 2023, he added. During a candid conversation on Kochhar’s YouTube podcast, Parekh recalled, “You said ICICI started HDFC.
HDFC Bank has issued a strong rebuttal against allegations of financial fraud targeting the bank and its CEO, Sashidhar Jagdishan. In a statement on Sunday, the bank asserted these accusations are ...
Private sector banks like Axis Bank and ICICI Bank have maintained home loan interest rates at 8.75 percent, despite these repo rate cuts. In contrast, Kotak Mahindra Bank and HDFC Bank have ...
This would mean you have $250,000 in home equity, and your loan-to-value ratio (LTV) would be 50%. If you're looking for a home equity loan or line of credit, lenders usually only approve up to a ...
NTPC, India's largest power utility, has secured a $750 million unsecured syndicated External Commercial Borrowing (ECB) from Bank of Baroda and HDFC Bank's IFSC Banking Units in GIFT City.
HDFC Bank responded to allegations from Lilavati Kirtilal Mehta Medical Trust, dismissing demands for the suspension and prosecution of its CEO Sashidhar Jagdishan as a “malicious” attempt to ...
The Home Development Mutual Fund, commonly known as Pag-IBIG, is extending its low interest rates for home loans until the end of the year amid an improved financial standing and to address the ...
Section 80EEA incentivises affordable housing. You can claim an additional deduction of up to Rs. 1.5 Lakh on home loan interest if: The loan is sanctioned between 1 April 2019 and 31 March 2022.
For a Rs 50 lakh home loan with a 20 years tenure, you will save Rs 3,111.50 in monthly EMIs in case of interest rate with variable EMIs. In case of fixed EMIs, the loan tenure will come down by ...