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Here's how Income Tax Act encourages people to speculate in real estate

Jun 26, 2015

Here's how Income Tax Act encourages people to speculate in real estate

One of the well kept secrets of the Income Tax Act is that it encourages people to speculate in real estate. #HowThisWorks #Tax #Income tax #Home loan #Personal finance #Real estate
Falling market share, not Rajan or Jaitley, will force banks to cut lending rates

Jun 15, 2015

Falling market share, not Rajan or Jaitley, will force banks to cut lending rates

The point to be noted here is that banks have been extremely reluctant in lowering their lending rates despite a 75 basis points cumulative cut in repo rate by the Reserve Bank of India so far this year. #Economy #RBI #ConnectTheDots #ICICI Bank #SBI #Repo rate #Raghuram Rajan #Home loan #Kotak Mahindra Bank #Net Interest Margins
HDFC net profit rises a tepid 8% to Rs 1,862 cr on deferred tax outgo in Jan-March

Apr 30, 2015

HDFC net profit rises a tepid 8% to Rs 1,862 cr on deferred tax outgo in Jan-March

For the fiscal year 2014-15, consolidated net profit stood at Rs 8,763 crore as against Rs 7,948 crore in 2013-14 #HDFC #Keki Mistry #Home loan #non performing loans #deferred tax
Home loan rates get cheaper, but here's a trick borrowers need to know

Apr 15, 2015

Home loan rates get cheaper, but here's a trick borrowers need to know

The real estate industry as expected has gone gaga over these interest rate cuts. #Economy #HowThisWorks #SBI #HDFC #Home loan #EMI #National Housing Bank #CREDAI
ICICI Bank, Axis, NBFCs cut home loan rate by up to 0.25%

Apr 15, 2015

ICICI Bank, Axis, NBFCs cut home loan rate by up to 0.25%

The move follows rate cuts initiated by leading players State Bank of India and HDFC Ltd in the past few days #Interest rate #ICICI Bank #Axis Bank #Indiabulls #DHL #Home loan rate
ICICI Bank joins bandwagon, cuts home loan rate by 0.25%

Apr 14, 2015

ICICI Bank joins bandwagon, cuts home loan rate by 0.25%

ICICI Bank said reduction of home loan rates effective today is valid for all existing and new customers. #NewsTracker #ICICI Bank #State Bank of India #Axis Bank #HDFC Bank #Raghuram Rajan #Home loan #Rate cut
SBI, HDFC rate war is tokenism; customers unlikely to benefit hugely

Apr 13, 2015

SBI, HDFC rate war is tokenism; customers unlikely to benefit hugely

If the common man has to benefit, the RBI will have to cut its policy rate further #Inflation #RBI #Interest rate #SBI #HDFC #Home loan #RBI policy #rghuram rajan
SBI cuts home loan interest rate by 0.25%, could cut base rate by April

Apr 13, 2015

SBI cuts home loan interest rate by 0.25%, could cut base rate by April

The cut in interest rate on home loans, with effect from tomorrow, is higher than the reduction of 0.15 per cent in base rate that came into force on 10 April. #NewsTracker #SBI #Lending Rate #Home loan rate
HDFC cuts home loan rate by 0.2%, EMIs to come down

Apr 10, 2015

HDFC cuts home loan rate by 0.2%, EMIs to come down

Earlier this week, many banks including State Bank of India, ICICI Bank, HDFC Bank and Axis Bank cut lending rate by up to 0.25 percent after RBI Governor Raghuram Rajan's tough talk with bankers. #Economy #RBI #NewsTracker #ICICI Bank #HDFC #Repo rate #Axis Bank #HDFC Bank #Raghuram Rajan #Home loan #EMI