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HDFC ventures into the education sector

HDFC ventures into the education sector
There is some good news for India as a nation which has been struggling with illiteracy and basic education problems post-independence. Mortgage lender HDFC Ltd has announced its foray into the education sector by launching The HDFC School. The school is being set up by a trust with the management services being provided by HDFC [...] Continue Reading »

Mumbai’s housing demand continues to grow

Mumbai’s housing demand continues to grow
Mumbai- Growth is expected to continue to be very strong in home loan sector owing to the demand driven by the younger population. Since 50 percent of the Indian population is below 25 years of age and average age of people borrowing loans is 37, in the next 5 to 10 years, there will be [...] Continue Reading »

Home loan rates slashed by DHFL

Home loan rates slashed by DHFL
DHLF the mortgage lender has cut its home loan lending rates by 0.25 per cent across categories for new customers. This is the second time the lender reducing interest rates within a month. It said in a statement that the variable rate of interest for loans of up to Rs 15 lakh has been cut [...] Continue Reading »

Banks target Tier II and Tier III cities to revive home loan

Banks target Tier II and Tier III cities to revive home loan
While the home loan and auto loan market get saturated among the creamy layer of metros, banks seem to concentrate on Tier II and Tier III cities. Whether it be country’s largest mortgage lender, HDFC or other big players like BNP Paribas Home Finance or Kotak Mahindra Bank, everybody is looking at growing small cities. [...] Continue Reading »



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