SBI’s home loans portfolio as on June 30, 2011 stood at Rs89,881 crores recording a growth of 20.37% year-on-year. This growth is higher than the industry home loans growth of 17% recorded in April, May and June 2011.When State Bank of India’s (SBI) chairman Pratip Chaudhuri discontinued “SBI Easy Home Loan and SBI Advantage Home Loan” popularly known as teaser loans from May, he was confident that...
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SBI/ICICI bank approved project.5 people from SBI booked here.Loans from SBI within'...
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(SBI) on Wednesday reduced the processing fee on home and auto loans by 50 per cent to cash in on festive season demand.This offer is applicable on loans availed from October 17 to December 31, SBI said in a statement.For home loans up to Rs 25 lakh, the processing charge has become 0.125 per cent of the loan amount from 0.25 per cent, it said.In case of loans between Rs 25 lakh and Rs 75 lakh, the...
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Dousing hopes of many home loan seekers and investors, country's largest lender SBI today said it will not finance....
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scheme, aimed at existing home loan borrowers and linked to the price of property, is offering personal loan at 11.25% to existing home loan customers.The offer is similar to the top-up scheme of other players such as ICICI Bank and home loan provider HDFC, which have pegged their loans at 12.25% and 12.50%, respectively. The new product, called 'SBI Home Equity scheme', gains relevance in the context...
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(SBI) on Wednesday extended 25 basis point concessional home loan scheme till December this year.Under the scheme, SBI offers 25 bps discount on interest rates on its card rate across the tenor of a floating home loan.The scheme which was open till October 31, 2011, has now been extended till December 31, 2011."A concession of 0.25 per cent in the card interest rate over the tenor of the home loan...
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BANK of Queensland will refund customers $12 million after an error led them to pay too much interest on home loans.BoQ discovered that it had failed to link offset accounts to home loan accounts for at least 6000 customers for a number of years.The mistake meant that money held in those offset accounts did not reduce the interest payable on the home loan accounts.The bank reported the system error...
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Lenders to Kingfisher Airlines have not agreed to extend further loans to the debt-crippled carrier, three banking sources said after reports that SBI was close to offering a bailout loan...
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Close on the heels of cutting auto loans and fixed deposit rates, State Bank of India (SBI) today said it will reduce interest rates on SME (small and medium enterprises) loans by up to 2 per cent soon.“We have cut auto loans, car loans particularly. We are cutting rates for loans to SMEs very sharply, by 1.5-2 per cent,” SBI Chairman Pratip Chaudhuri told reporters here.At present, SBI’s lending rate...
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Bank of India (SBI) today opened an exclusive outlet for instant gold loans here...
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