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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 on Apr 08, 2026 05:46 pm IST

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 on Feb 08, 2026 09:21 am IST

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 on Jun 30, 2025 01:18 pm IST

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 on Apr 05, 2024 11:07 am IST

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 on Apr 23, 2023 12:35 am IST