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Will your home loan EMI fall due to rate cut?

New borrowers will benefit if banks cut their MCLR. Older borrowers’ EMIs will change only when their reset date arrives Illustration: Uttam Ghosh/Rediff.com After RBI’s 25-basis-point......

Borrowers, be prepared to pay for the Nirav Modi scam!

'The RBI can make a change in EMI the default option, when interest rates rise or fall, rather than a change in the loan tenure,' says Harsh Roongta.Illustration: Uttam Ghosh/Rediff.com It seems......

Now withdraw 90% EPF to buy home, pay EMI

Over four crore subscribers of the retirement fund body Employees' Provident Fund Organisation can now make down payment and pay EMIs from their EPF accounts to buy homes. The subscribers of......

DeMo: Big buys via cards down since November

Card-based EMI transactions dropped about 60 per cent in the first week after demonetisation and then recovered steadily. However, these are not yet back to the levels before November 8.......

Best tips to ease your top-up loan burden

By consolidating borrowings, the total EMI burden and interest cost can be reduced. With the Reserve Bank of India cutting the repo rate by 25 basis points last week, borrowers would be happy that......

Review: EMI

Posters and promos don't make a film.AndEMI just cemented this fact.For example,the posters of EMI feature Sanjay Dutt -- a lot. But the film? Well, read on. Debutant director Saurabh Kabra's EMI......

From Munnabhai to Sattarbhai!

Munnabhai is back with his 'Gandhigiri' but this time he is in a fresh avatar of 'Sattarbhai' for the upcoming film EMI. Sattarbhai, played by Sanjay Dutt in the film, is a loan recovery agent who......

'I can't name a film on EMI, Karzzzz'

Most of us are familiar with the concept of EMI -- Equated Monthly Installment -- that enables us to repay loans on a monthly basis. Now, Sanjay Dutt will help us understand it better in this......

First Look: Sanjay Dutt's EMI

Justa month after Sanjay Dutt started shooting for EMI (Easy Monthly Installment), debutant director Saurav Kabra has released its first poster. EMIsees Dutt return to what he does best -- play a......

'My father Kishore Kumar was NOT eccentric'

'Kishore Kumar lived like a king and knew that he could get away with anything. It's as simple as that.' IMAGE: Kishore Kumar with his son, Amit. Photograph: Kind courtesy Amit Kumar/......

PIX: Argentines pay tribute to Sala at special memorial

The body of the 28-year old, who died in a plane crash last month, was laid out in a gymnasium in in his home region of Santa Fe where he grew up so friends and family could pay their last......

PHOTOS: Barcelona demolish Sevilla; Nantes pay tribute to Sala

IMAGE: Philippe Coutinho celebrates scoring Barcelona's third goal. Photograph: David Ramos/Getty Images Philippe Coutinho struck twice as Barcelona mounted a comeback to thrash Sevilla 6-1 and......

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Highlights of FM's eco booster announcement

The following are the measures announced by Finance Minister Nirmala Sitharaman on Friday to boost economic growth and address distress in various... ...

http://www.rediff.com/money/report/highlights-of-fms-eco-booster-announcement/20190823.htm

Loans to get cheaper as banks will pass on rate cut

The RBI has this year cut interest rates by 110 basis points in four instalments but banks have passed only a part of it to borrowers. Before the... ...

http://www.rediff.com/money/report/home-car-other-retail-loans-to-become-cheaper-fm/20190823.htm

Housing finance cos to get Rs 20K cr liquidity support

The Rs 20,000 crore is in addition to Rs 10,000 crore support announced earlier by the housing sector regulator NHB. The government on Friday... ...

http://www.rediff.com/money/report/housing-finance-cos-to-get-rs-20k-cr-liquidity-support/20190823.htm

How Sitharaman plans to boost growth from 5-year low of 5.8%

India's GDP growth plummeted to nearly five-year low of 5.8 per cent in January-March and it is widely believed that the growth might not have... ...

http://www.rediff.com/money/report/we-havent-lost-reforms-momentum-sitharaman/20190823.htm

In Nirmala Sitharaman package for economy, a move to reduce home loan EMIs

The measures were part of the continuing reforms aimed to improve the business environment, Nirmala Sitharaman said, adding the banks have decided... ...

https://www.hindustantimes.com/india-news/in-nirmala-sitharaman-package-for-economy-a-move-to-reduce-home-loan-emis/story-DX6e2obYHh27W8iWzr6lHO.html

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