Big Reform Alert! Centre Proposes Online Property Registration & Mandates Key Document Digitization
In a major step towards simplifying property-related processes, the Central Government has proposed a landmark bill to digitize property registrations and modernize India’s century-old property law. If implemented, this move could revolutionize the way Indians buy, sell, and register property. Online Property Registration in India: A Digital Leap The proposed Registration (Amendment) Bill seeks to […]
How to Choose the Right Mortgage for Your Needs: A Step-by-Step Guide
Determining the right mortgage is pivotal part of the home-buying process—one that can shape your financial future for years. With a wide range of the loan types, interest rates, and terms available, the choices can feel unnerving. However, identifying a mortgage that suits your needs and goals doesn’t have to be complicated. In this step-by-step […]
SBI Tweaks FD Rates Down by 20 bps from May 16 – Depositors to See Slimmer Returns from India’s Banking Giant
India’s largest public sector lender, the State Bank of India (SBI), has once again revised its fixed deposit (FD) interest rates, slashing them by 20 basis points (bps) across all tenures for both the general public and senior citizens, effective May 16, 2025. This marks the second rate cut in the current financial year—the first […]
Lending to a New Generation: How Young India Is Redefining Borrowing
There was a time when borrowing money was seen as a last resort – something reserved for primary life goals like buying a house or funding a child’s education. Fast forward to today, and the story is very different. India’s credit landscape has dramatically transformed over the past few decades. Borrowing is no longer just […]
5 Proven Strategies to Lower Your Home Loan Costs and Maximize Savings
A home loan is a long-term financial commitment that plays a pivotal role in making your dream of owning a house a reality. However, without strategic planning, the cost of borrowing can become a significant burden. By implementing the right techniques and leveraging platforms like Loan Bazaar, you can save money, reduce your financial stress, […]
Private banks cut both FD & Savings Bank Rates after the repo rate drops
India’s largest private-sector lender, HDFC Bank, has recently reduced its savings account interest rate by 25 basis points, bringing it down to 2.75%, to manage costs and protect margins following the RBI’s repo rate cut. For account holders maintaining balances above ₹50 lakh, the interest now stands at 3.25%, down from 3.5%. This move significantly […]
RBI Governor Sanjay Malhotra Unveils Bold Move – Repo Rate Drops to 6%
RBI Governor Sanjay Malhotra said that the Monetary Policy Committee (MPC) had collectively voted to reduce the policy rate (i.e. repo rate) by 25 basis points on Wednesday (April 9, 2025), which is straight down to 6% with immediate effect. This marks the second consecutive policy rate cut this year. The previous reduction occurred in […]
RBI likely to slash down rates by 25 bps to 6% on April 9, says experts
As global markets experience a sharp downturn, many economists are urging the Reserve Bank of India (RBI) to take more decisive actions in its upcoming Monetary Policy Committee (MPC) meeting starting on Monday 7, 2025. This will be the first monetary policy meeting with the RBI Governor Sanjay Malhotra for the new financial year of […]
Comprehensive Guide to Different Types of Home Loans in India – Loan Bazaar
The process of buying a home is often one of the most significant financial decisions you will make. With various Home Loan options available, selecting the right one can save you money and align better with your financial goals. This guide explores the different types of home loans offered in India, helping you make an […]
RBI’s Moves in the New Priority Sector Lending Norms to Benefit Homebuyers
The Central Bank of India (RBI) has revised Priority Sector Lending (PSL) norms, effective from the 1st of April. These changes in Priority Sector Lending (PSL) classification aim to fuel credit flow by increasing loan limits, expanding eligibility criteria, and raising targets. The most significant part of the revision is an increase in the home […]