HDFC Bank Bets On Cross-selling
A bigger and more stable post-merger balance sheet is creating massive synergies and opportunities in attracting more business.
A bigger and more stable post-merger balance sheet is creating massive synergies and opportunities in attracting more business.
Nearly 87% of financial services consumers begin their journey online, with two-thirds finding online channels more helpful for purchase decisions
RBI notification comes amid "divergent practices" by some regulated entities in releasing such movable or immovable property documents
Housing loans account for more than 48% of personal loans for banks as of December 2022, as per the RBI data.
ANAROCK chairman Anuj Puri says though 25 bps rate hike is along expected lines, repo rate at 6.5% could have some repercussions on housing uptake as home loan interest rates will head further north.
One of the key demands of the real estate sector is a separate section for the tax deduction on housing loan principal repayment, which is currently under Section 80C.
EY India says govt is likely to focus on home loans, and concessional tax regime, and that rejigging of personal tax slabs looks unlikely.
As an early gift to home buyers, the State Bank of India and HDFC bank are offering home loans at discounted rates of 8.40% as part of their festive offering.
HFCs are expected to continue losing home-loan market share to banks amid stiff competition.
Delhi NCR saw the highest increase in residential real estate prices across India at 10% with an average carpet price of ₹7,434 per square feet in Q2 2022.