SBI this week revised its home loan rates, hiking them by 25 basis points to 6.95 per cent from 6.70 per cent earlier for loans up to Rs 75 lakh-Rs 5 crore. The rates were effective from April 1

The fraudsters are impersonating employees of a charity foundation run by Sood and have also posted their contact numbers on social media platforms.

State bank of India (SBI) Revised home loan interest rates: The country's biggest lender last month announced a special offer on home loans, valid until March 31

ICICI Bank cuts home loan rates: The bank said that customers can avail of this benefit for home loans up to Rs 75 lakh. For loans over Rs 75 lakh, the interest rates have been pegged at 6.75 per cent

India Stock Market News Updates Today: Sensex scaled record high of 51,073.27 while the Nifty hit record high of 15,014.65 level in early trade. SBI, Kotak Bank, IndusInd Bank, HDFC, ONGC and Axis Bank were top gainers in the Sensex pack

Dalal Street today: ITC, M&M, ONGC, Bajaj Finserv, NTPC were among the top gainers while ICICI Bank, IndusInd Bank, Infosys, HDFC traded as top losers

State Bank of India (SBI) has changed the marginal cost of funds based lending rate (MCLR) linked retail loan's reset frequency to 6 months as against 1-year earlier

India Stock Market Highlights Today: Axis Bank, followed by IndusInd Bank, ICICI Bank, L&T, Tata Steel, Sun Pharma and ONGC were among the top gainers on Sensex pack. On the other hand, HCL Tech, Kotak Bank, Asian Paints, Infosys and HDFC Bank were among the laggards

India Stock Market Highlights: Bajaj Auto, followed by Bajaj Finserv, IndusInd Bank, M&M, PowerGrid, Bajaj Finance, Axis Bank, Kotak Bank and ICICI Bank were among the top gainers today. On the other hand, Bharti Airtel, Asian Paints, HCL Tech, HDFC and TCS were among the laggards

Bank home loan interest rates: The reduction in MCLR for shorter tenor - up to three months - is aimed at boosting credit offtake and revive demand

SBI said that it has passed on the entire 40 bps repo rate cut announced by Reserve Bank of India on May 22

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 Sensex, Nifty Live News Today: Sensex ended 1,028 points higher at 29,468 and Nifty closed 316 points to trade at 8,597

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SBI also said that new home buyers would now be able to get loans at an interest rate of 7.90 per cent per annum as compared to the earlier 8.15 per cent

Does it make sense to opt for external benchmark-linked loans?

HDFC Bank had reduced MCLR across all tenors in August earlier this year. MCLR is the minimum lending rate below which a bank cannot extend lend

The revised MCLR for overnight tenor stands at 8.05 per cent; 8.15 per cent for one month; 8.20 per cent for three months; 8.30 per cent for six months; and 8.40 per cent for one year