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	<title>Property News India and Featured Real Estate Stories &#187; Base Rate</title>
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		<title>A reason to be happy for home loan borrowers</title>
		<link>https://groups.commonfloor.com/news/a-reason-to-be-happy-for-home-loan-borrowers-60326</link>
		<comments>https://groups.commonfloor.com/news/a-reason-to-be-happy-for-home-loan-borrowers-60326#comments</comments>
		<pubDate>Tue, 15 Apr 2014 07:30:13 +0000</pubDate>
		<dc:creator>gaurav.gupta</dc:creator>
				<category><![CDATA[Realty News]]></category>
		<category><![CDATA[Association]]></category>
		<category><![CDATA[Banking sector]]></category>
		<category><![CDATA[Banks]]></category>
		<category><![CDATA[Base Rate]]></category>
		<category><![CDATA[benchmark]]></category>
		<category><![CDATA[covenant]]></category>
		<category><![CDATA[credit risk]]></category>
		<category><![CDATA[home loan]]></category>
		<category><![CDATA[ibbr]]></category>
		<category><![CDATA[Indian Banks Base Rate]]></category>
		<category><![CDATA[Interest rate]]></category>
		<category><![CDATA[Loan]]></category>
		<category><![CDATA[pricing of floating rate loans]]></category>
		<category><![CDATA[rate increase]]></category>
		<category><![CDATA[RBI]]></category>
		<category><![CDATA[SBI]]></category>
		<category><![CDATA[spread]]></category>
		<category><![CDATA[strategy]]></category>

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		<description><![CDATA[Banks must effect any change in floating rate loans only at the agreed-upon reset date, RBI suggested. This aims at ushering in transparent and appropriate pricing of credit, according to an RBI working group. It was suggested by the group that floating rate loan agreements can have interest rates reset monthly, quarterly, half-yearly, etc. This [...]]]></description>
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		<title>Union bank cuts interest rate on home loans</title>
		<link>https://groups.commonfloor.com/news/union-bank-cuts-interest-rate-on-home-loans-34781</link>
		<comments>https://groups.commonfloor.com/news/union-bank-cuts-interest-rate-on-home-loans-34781#comments</comments>
		<pubDate>Mon, 03 Dec 2012 11:38:14 +0000</pubDate>
		<dc:creator>Priyanka</dc:creator>
				<category><![CDATA[Cities]]></category>
		<category><![CDATA[Civic Issues]]></category>
		<category><![CDATA[Mumbai]]></category>
		<category><![CDATA[Base Rate]]></category>
		<category><![CDATA[Home loans]]></category>
		<category><![CDATA[Interest rates]]></category>
		<category><![CDATA[Loans]]></category>
		<category><![CDATA[lowest rates]]></category>
		<category><![CDATA[Private banks]]></category>
		<category><![CDATA[SBI]]></category>
		<category><![CDATA[SBI home loans]]></category>
		<category><![CDATA[Union Bank of India]]></category>

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		<description><![CDATA[The Union bank of India, a Mumbai based public sector lender, has decreased the interest rates on home loans above Rs 30 lakhs by 25 basis points. The bank is now offering home loans up to 75 lakhs at the base rate which is 10.5 percent. Loans above Rs 75 lakh and up to Rs [...]]]></description>
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		</item>
		<item>
		<title>New base rate method from July 1</title>
		<link>https://groups.commonfloor.com/news/new-base-rate-method-from-july-1-2440</link>
		<comments>https://groups.commonfloor.com/news/new-base-rate-method-from-july-1-2440#comments</comments>
		<pubDate>Fri, 07 Jan 2011 13:12:40 +0000</pubDate>
		<dc:creator>rakesh</dc:creator>
				<category><![CDATA[Realty News]]></category>
		<category><![CDATA[Base Rate]]></category>
		<category><![CDATA[Benchmark Prime Lending Rate]]></category>
		<category><![CDATA[home loan]]></category>
		<category><![CDATA[June 30 to adopt the new method]]></category>
		<category><![CDATA[New base rate method]]></category>
		<category><![CDATA[new method for computing base rate]]></category>
		<category><![CDATA[RBI]]></category>

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		<description><![CDATA[The RBI said in a notification that Banks are permitted to change the benchmark and methodology used in the computation of Base Rate for a further period of six months.Earlier, banks were given time till December 31 to adopt the new method for computing base rate. Base rate is a new system of lending money [...]]]></description>
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