house loan
The pressure in the real estate sector has affected the home loans. The new home loan accounts fell by 38% in June quarter this year over the same quarter in 2011. Rs 854.55 crore to 23,241 account holders from April to June 2011was disbursed by the member banks State Level Banking Committee (SLBC). But this [...] Continue Reading »
Indian Banks’ Association committee has recommended to the Finance Ministry that home loans up to Rs 35 lakh should get the priority sector tag. This will help banks to provide loans to house buyers at affordable interest rates. Also it will benefit a large group of customers in Tier II and Tier III towns. Moreover [...] Continue Reading »
