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The Reserve Bank of India has raised its repo rate – the benchmark for most home loans taken since October 2019 – by 250 basis points since May last year to quell rising prices.

Check out the 2022 Fixed Deposit rate comparison between SBI, HDFC, Canara Bank and Axis Bank.

While SBI and Union Bank of India picked up 13.27 per cent stake each, representing a cumulative 3.88 crore shares in the NARCL, PNB subscribed to 12.06 per cent stake (1,80,00,000 shares).

pixabay Lenders have decided to offer a treat to home buyers by slashing interest rates and trying to offer lower interest rates. But these banks are offering lower interest rates only till March 31. While State Bank of India (SBI) offers home loan interest rates as low as 6.70 per cent for loans up to Rs 75 lakh and 6.75 per cent for loans in the range of Rs 75 lakh to Rs 5 crore, Kotak Mahindra is offering home loans for 6.65 per cent. The private bank is offering loans at a cheaper rate compared with the state-run largest lender in the country. However, the customers of the banks can start...

: Saturday, March 6, 2021, 1:10 PM IST Why it may be a good idea for homebuyers of Maharashtra, Madhya Pradesh and Karnataka to buy homes before March 31, 2021? Why may it be a good idea for homebuyers of Maharashtra, Madhya Pradesh and Karnataka to buy homes before March 31, 2021? Representational image/ pixabay State governments like Maharashtra, Madhya Pradesh and Karnataka reduced stamp duty to provide relief to home buyers and also to give a boost to the real estate industry that was hit by COVID-19. This is a good enough reason to buy a home in these states. In addition, now with lende...