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Emi

RBI holds repo rate steady at 5.25%: What it means for home loan borrowers

RBI MPC: Monetary Policy Committee on April 8 kept the repo rate unchanged at 5.25%, signalling stability for current and prospective home loan borrowers. (Picture for representational purposes only)

Updated 98 days ago

Is paying 60% of your income on EMI a smart homebuying move?

As Bengaluru’s home prices rise, buyers, especially younger households, are questioning whether to stretch EMIs to 60% of income or stick to the 30–40% affordability rule. (Photo for representational purposes only) (Pexels )

Updated 157 days ago

109 years in Mumbai, 64 in Gurugram: Can top earners still afford to own a home?

According to recent National Housing Board (NHB) data, the top 5% of income earners in Mumbai would need a staggering 109 years to afford a home. (Representational Image)

Updated 380 days ago

RBI repo rate decision: What will be impact on home loan EMIs

RBI repo rate decision: This means that your home loan interest burden and equated monthly installments (EMI) will remain unchanged for now.

Published 831 days ago

7 booked for taking loans of ₹1.33 cr on fake LIC policies

“Later, the bank checked and found the LIC policies to be fake as well. When the borrowers were traced, they said that the two female agents had told them they were taking small loan amounts. However, they learnt they had taken a bigger loan amount in the two agents’ names and had paid the borrowers a very small amount. The two agents had also told them they needed the loan for only three months and will soon repay it,” said the police officer. (Image for representation)

Updated 1179 days ago

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