New Delhi [India], July 1 (ANI): The Insurance Regulatory and Development Authority of India (IRDAI) has informed that the public sector insurer -- LIC of India -- and a few of the private sector insurers have launched housing loans insurance, the Lok Sabha was informed on Monday.
New Delhi [India], May 07 (ANI): Reserve Bank of India (RBI) has directed banks to enhance the housing loan limits for eligibility under priority sector lending (PSL) to Rs 35 lakh in metropolitan centres (with population of ten lakh and above) and Rs 25 lakh in other centres.
Mumbai (Maharashtra) [India], Apr 9 (ANI): Taking a cue from recent policy measures announced by the Reserve Bank of India (RBI), the State Bank of India (SBI) on Tuesday, reduced its Marginal Cost of Funds Based Lending Rate (MCLR) by 5 bps across all tenors, resulting in MCLR coming down f
New Delhi [India], Oct. 30 (ANI): Even when housing loans continue to dominate the loan portfolio of Housing finance companies (HFC)s, the share of housing loans in the overall HFC portfolio has been declining owing to the higher pace of growth of non-housing loans, according to a report by