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      • 20th Apr 18

        Retail Loans Grow 16% ; RBI Cautions Banks Of Herd Movement

        Retail loans in India witnessed a 16 per cent rise between the financial year 2013 and 2017, a duration when total loan growth stood at nine per cent. Of the total retail loans, nearly half were housing loans, followed by auto and education loans. Two states that made the highest contribution to the rising number of retail loans were Maharashtra and Gujarat, owing to growing income levels.
      • 19th Apr 18

        6 Smart Ways To Manage Your Home Loan

        Since RBI has waived prepayment penalty on floating rate home loans, this can be a good time for homebuyers who want to get rid of their mortgage as soon as possible. Borrowers can also tweak their EMI structure and make partial payment of your loan to save money in the long run.
      • 6th Apr 18

        Delhi Plans To Bring In Road Congestion Tax, One-Way Corridors

        The national capital will try its hand at a major experiment to overcome ever-increasing road traffic. Delhi LG Anil Baijal has proposed three measures that would be implemented soon along the congested stretches for controlling vehicle population in the city.
      • 12th Apr 18

        4 Banquet Halls Sealed In Gurgaon Over Property Tax Dues

        The Municipal Corporation of Gurgaon on April 10 sealed four banquet halls — Vatika Garden, Shyam Vatika, Lotus Garden and Yadav Garden. Together, the four operators owe the municipal body about Rs 51 lakh as property tax. This is the first time in a decade that the MCG has initiated such an action —many of the banquet hall owners have not paid their property tax for 10 years now.  
      • 10th Apr 18

        Home Loans To Cost More As HDFC Hikes Benchmark Rate By 20 Bps

        Days after public lender State Bank of India hiked its base rate and benchmark prime lending rate (BPLR) by five basis points each, India's largest mortgage banker HDFC Ltd has implemented a 20-basis-point increase in its retail prime lending rate (RPLR). This is for the first time since December 2013 that HDFC has hiked RPLR.
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