housing loan news

Your Money: How can you climb out of a debt trap?

The RBI’s Financial Stability Report shows that 58% of aggregate household debt in India comprises non-housing retail loans. (Getty Images/iStockphoto)

business

Updated on Jul 15, 2026 02:09 pm IST

Greater Noida: Man kills father for ₹50 L life insurance

Police said that as Bosak’s mother was nominee but uneducated, Bosak took advantage of it and siphoned off all the money. (HT Photo)

noida news

Published on Mar 23, 2025 06:52 am IST

Home loans may become more affordable and boost real estate sector, experts say

The central bank's monetary policy committee (MPC) decided to keep the repo rate unchanged at 6.5% for the 11th consecutive time, but slashed the cash reserve ratio (CRR) by 50 basis points, bringing it down to 4%

business

Published on Dec 06, 2024 04:54 pm IST

Chandigarh: Changing loan agreement without customers’ consent costs bank dear

HDFC Bank converted the housing loan to a DOD facility for the reason best known to them, the complainants alleged. (Getty image)

chandigarh news

Updated on Oct 10, 2024 09:02 am IST

Shreya Foundation new programs to help people with housing, education, marriage

(L to R) Vikram Chakraborti, Mahesh, Hemant Rai, Nana Ji Ganta and D Tattaiya

htcity

Published on Aug 30, 2024 12:48 pm IST

Cabinet approves Pradhan Mantri Awas Yojana (PMAY)-Urban 2.0 Scheme: Eligibility

The Union Cabinet has approved the Pradhan Mantri Awas Yojana-Urban (PMAY-U) 2.0 (Representational Image/Pixabay)

business

Published on Aug 12, 2024 05:16 pm IST

Agents offer PAP flats to two women, dupe them of over ₹1cr

HT Image

mumbai news

Updated on Apr 30, 2023 12:39 am IST

Andhra launches new scheme to waive housing loans of poor

Andhra Pradesh chief minister YS Jagan Mohan Reddy says his government had credited ₹1.16 lakh crore to people through Direct Benefit Transfer (DBT) without the interference of middlemen under welfare initiatives. (HT)

india news

Updated on Dec 22, 2021 04:25 am IST

SBI crosses ₹5 trillion-mark in home loan business

The SBI is looking at achieving a home loan AUM of ₹7 trillion by FY 2024.

business

Published on Feb 10, 2021 03:25 pm IST

Retail, small biz loans aid credit recovery

A worker wearing a protective masks packs a roll of adhesive sealing tape at a factory in Sonipat district, Haryana.

business

Published on Oct 31, 2020 06:12 am IST

Centre announces interest waiver scheme for loans up to Rs 2 crore

The government will have to shell out Rs 6,500 crore for the implementation of the scheme.

business

Updated on Oct 24, 2020 02:11 pm IST

RBI’s targeted long-term liquidity measures to ease borrowing cost for NBFCs: Industry

Muthoot said it is a welcome move that reflects the central bank’s focus on catalysing credit flow and reviving the economy.

business

Published on Oct 09, 2020 06:45 pm IST

RBI relaxes rules, makes home loans till March 2022 cheaper

File photo of a labourer using a hammer to break bricks at the construction site of a house in Noida, Uttar Pradesh.

business

Updated on Oct 09, 2020 03:59 pm IST

Budgeting for the long run

Rather than giving direct benefits to residential real-estate as a whole, the finance minister laid more focus on alternative segments within real estate such as warehousing, data centres, schools and hospitality market.

real estate

Published on Feb 08, 2020 07:45 pm IST

‘Purpose behind tax move is to offer a simplified system’: Revenue Secretary

Revenue Secretary Ajay Bhushan Pandey

india news

Updated on Feb 03, 2020 12:43 am IST

Forum tells bank to pay up ₹2K relief to Chandigarh man

HT Image

chandigarh news

Updated on Jan 20, 2020 12:35 am IST

Are you aware of these latest home loan updates?

The most recent surge in housing credit demands has been prompted by updates from the RBI which mandate financial institutions to link their lending rates to external benchmarks such as the MCLR.

brand stories

Updated on Jan 29, 2021 04:38 pm IST

Century Real Estate introduces My Home My Choice offer - Exclusively for women home buyers!

Financial institutions now offer lower interest rates to women to encourage investment into land, gold and businesses.

real estate

Updated on Sept 08, 2019 12:57 pm IST

Maharashtra housing body to pay man ₹1.6 lakh for 12-year delay in handing over flat

The District Consumer Redressal Forum has asked the Maharashtra Housing and Area Development Authority (Mhada) to pay ₹1.60 lakh along with interest as compensation for delay in handing over possession of a flat that was allotted to the complainant in 2007. (Representative Image)

mumbai news

Updated on Aug 10, 2019 03:15 am IST

Tax break for ₹45 lakh homes

Apart from this new proposed deduction, the interest paid on housing loans was already allowed as a deduction to the extent of ₹2 lakh but for ‘self-occupied property’. Will the interest component go up to ₹3.5 lakh?

india news

Updated on May 28, 2020 10:45 pm IST

Budget 2019: FM proposes additional tax deduction of ₹1.50 lakh on home loan interest

Those purchasing homes valued up to ₹45 lakh under the affordable housing scheme can avail enhanced interest deduction up to ₹3.5 lakh.

budget

Published on Jul 05, 2019 02:34 pm IST

Kerala woman and daughter blame family not bank loan for suicide

In her suicide note, the woman blamed her husband for forcing her to bring money from her maternal home to pay the bank loan.

india news

Updated on May 15, 2019 11:59 pm IST

SBI cuts lending rates, home loans to get cheaper

The move comes days after the Reserve Bank of India cut its policy interest rate by 25 basis points, in a widely expected move to boost the economy.

business

Updated on Apr 09, 2019 07:20 pm IST

Would you bank on a bot? In Mumbai you can

Bro is a humanoid deployed by Canara Bank, at their digital banking branch in Mumbai, who greets visitors, answers questions and signs off with a warm “Cheerio!”

mumbai news

Published on Sept 29, 2018 07:29 pm IST

78% of new accounts booked in 2017-18 were home loans under ₹25 lakh category: NHB

Last fiscal, the total disbursements of housing loans by PSBs and HFCs in 2017-18 also showed a growth of 33 % ( ₹3 lakh crore) as against ₹3.2 lakh crore in 2016-17.

business

Updated on Jun 28, 2018 07:54 am IST

Private bank loan fraud: Thane cops recover ₹1.1 crore from employees

Seven employees are arrested, and three accomplices of the bank employees are on the run.

mumbai news

Updated on Apr 08, 2018 12:11 am IST

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