The historic merger of the country's largest private sector bank, HDFC Bank, and mortgage lender, Housing Development Finance Corporation (HDFC), has become effective from today (July 1).

Ratan Chaudhary, head of home loans, Paisabazaar, said, "One of the major reasons for PSU banks gaining market share in the home loan segment is their lower interest rates. The lower cost of funds of ...

Large private banks, such as ICICI Bank and Axis Bank, are yet to pass on the repo reduction benefits to new home loan borrowers.

“To take advantage of lower rates, first check which benchmark your home loan is currently linked to. If it's not already ...

Despite a historic merger, NBFC crises, and intensifying competition, HDFC Bank has continued to report double-digit profit ...

Everyone has a dream of owning a home, especially for middle-class people. This is an important goal. Due to rising property prices, it has become difficult to build a home without taking a bank loan.

HDFC Bank has announced a reduction in its Marginal Cost of Funds-based Lending Rates. This will benefit borrowers with loans linked to this benchmark. The bank has lowered the MCLR by up to 15 basis ...

HDFC Bank sold a housing loan portfolio of about 60 billion rupees ($717 million), seeking to further lighten its credit load amid regulatory pressures Indian lender HDFC Bank Ltd. has sold a ...