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Banks cannot collect EMI if loan has not been disbursed: Dispute Redressal Forum

Jan 19, 2015

Banks cannot collect EMI if loan has not been disbursed: Dispute Redressal Forum

Dispute Redressal Forum here has asked the bank to refund the entire EMI charged unduly for 20 months from a policeman and directed it to pay him Rs 50,000 as compensation for deficient services. #SBI #Police #Home loan #EMI #Cheques #Dispute Redressal Forum
RBI surprise rate cut: Let the party begin says the God of Mint Street

Jan 16, 2015

RBI surprise rate cut: Let the party begin says the God of Mint Street

When an inflation-skeptic like Raghuram Rajan obliges you with an unexpected rate cut, it means he too is convinced that the tide has turned. The rate cut signals that the economy is now ready for growth #Gold #Raghuram Rajan #Bonds #equity #Home Loans #RBI Repo Cut
United Bank cuts lending rate by 0.25%, auto home loans to get cheaper

Jan 15, 2015

United Bank cuts lending rate by 0.25%, auto home loans to get cheaper

The Kolkata-based lender became the first bank to pass on the effects of easing of monetary stance by the RBI to its customers. #Economy #NewsTracker #Home loan #United Bank of India #Rate cut #Auto loan
Explained: Why it would cost an average Mumbaikar 34 years' income to buy a home

Oct 01, 2014

Explained: Why it would cost an average Mumbaikar 34 years' income to buy a home

The Confederation of Real Estate Developers' Associations of India, a real estate lobby,said in a statement yesterday that it was "disappointed with the status quo on the RBI policy rates and demands a reduction in interest rates to facilitate lowering of entry barrier and spur demand for the real estate sector." #RBI #Banks #Mumbai #Home Loans #Real estate #Commercial Real Estate