SBI withdraws ‘popular’ teaser rates
April 20: After facing months of disapproval from the RBI, the country’s top lender, State Bank of India has finally discontinued its popular ‘teaser rate’ home loan scheme. Under this scheme, borrow
RBI caps home loan at 80%
Dec. 23: Concer-ned over excessive flow of banking funds to the real estate sector, the Reserve Bank on Thursday said that lenders will provide loans only up to 80 per cent of the cost of property. Fo
ICICI, HDFC end teaser rates
Dec. 1: If you were planning to purchase a house, the loan is going to cost you a little more from now on. On Monday, the two leading players in home finance — ICICI Bank and HDFC —withdrew their teas
SBI set to extend teaser rates
New Delhi, Sept. 29: The country’s largest lender State Bank of India on Wednesday said it will extend its 8 per cent concessional home loan scheme, popularly called teaser rates, by another 3 months