Real estate developers rallied after newspaper Times of India reported on Tuesday some banks were cutting home loan rates for new borrowers, sparking hope of increased property sales in the country. DLF and Unitech rose about 1% each on the report, which said that lenders Canara Bank and IDBI Bank had slashed these rates to attract new borrowers. The […]
Tag: Loan Rates
DLF and Unitech stocks up on mortgage cut.
April 4, 2012 – 11:13 pm
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Posted in Real Estate News
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Also tagged Canara Bank, Dlf, IDBI Bank, mortgage cut, Times of India, Unitech
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RBI cuts repo rate might be good news for realtors
October 21, 2008 – 2:11 am
RBI has cut the repo rate by 100 bps to 8%. This is effective immediately. The Finance Minister, P Chidambaram said that the repo rate cut will help in moderating inflation. This is a positive move which will enthuse both borrowers and investors, Mr. Chidambaram added. The RBI’s move is consistent with the government’s aim […]
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Posted in Real Estate News
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Also tagged Borrowers, Finance Minister, Global Markets, Inflation, Investors, Liquidity, P Chidambaram, Realtors, Realty Companies, Stock Markets, Stock Prices
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