Does the MCLR Rate Hike by Banks Signal Higher Interest Rate Regime?

mclr rate

Kolkata-based businessman Akash needed a home loan but the recent move by the State Bank of India — the nation’s largest bank — has made him anxious about the idea of applying for a bank loan. Not just Akash, loan borrowers all over the country are worried about the possibility of home loan rates going […]

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Pradhan Mantri Awas Yojana Now Offers Better Benefits to EWS and LIG Families

Pradhan Mantri Awas Yojana for ews and lig

The Hon’ble Prime Minister, Shri Narendra Modi, envisions ‘Housing for All’ in India when the country steps into its 75th year of independence in 2022. The Prime Minister, in his New Year’s Eve speech on December 31, 2016, emphasized the government’s focus on implementing the ‘Housing for All’ mission in the rural sector by announcing […]

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