http://www.articlealley.com en-us editorial@articlealley.com Base rate system The base rate was introduced by the RBI to replace the opaque and ineffective Benchmark Prime Lending Rate (BPLR). Under the previous system, banks were expected to lend above their BPLR, which was based on their true cost of funds. Howev... http://www.articlealley.com/http://hardeepsaini.articlealley.com/is-your-home-loan-emi-rising-2400976.html 28th December 2011 At other times, it may be utilized to purchase new machinery that is directly connected to the operation of the business. The commercial loan is often thought of in terms of a short term source of cash for a business. Some bankers offer its format that is... http://www.articlealley.com/http://stepaheaddesigns.articlealley.com/mortgage-providers-on-commercial-loan-2308996.html 07th July 2011 “In the past, SBI PLR (prime lending rate) crossing 13.25% has usually been an indicator of an impending slowdown. (It has already crossed that mark) When car loan rates hit 15% (they are 12-13% right now), a slowdown follows soon enough. So the signals a... http://www.articlealley.com/http://deal4loan.articlealley.com/what-is-bhaskars-bet-on-a-visible-slowdown-in-the-economy-2226360.html 12th May 2011 The central bank raised short-term lending (repo and reverse repo to 7.25% and 6.25% respectively). RBI has asked banks to set aside more money for bad loans, increasing provisions by up to 10%. Also, interest rates on savings deposits were increased by 5... http://www.articlealley.com/http://deal4loan.articlealley.com/banks-hike-base-rate--indian-bank-pnb-obc-bom-2226359.html 12th May 2011 After the Reserve Bank of India (RBI) raised key policy rates by 50 basis points (bps), lenders have started raising their base rates (the benchmark rates for all loans). Punjab National Bank (PNB), Oriental Bank of Commerce (OBC) and YES Bank today raise... http://www.articlealley.com/http://deal4loan.articlealley.com/after-rbi-analysis-banks-lift-their-base-rates-2226356.html 12th May 2011 The Reserve Bank of India (RBI) a few days ago extended the deadline to another six months (till June 30 2011) to adopt the new method for computing base rate.Base rate is not very different from the PLR. However, it will be reflective of the current ra... http://www.articlealley.com/http://adhilshetty.articlealley.com/base-rate-shift-and-impact-on-loan-takers-2173202.html 07th April 2011 A Dictionary.com defines inflation in economics means as: - A substantial, persistent rise in the level of prices related to an increase in the volume of money and resulting in the loss of value of currency. This is a very involved explanation for the... http://www.articlealley.com/http://jonathansteele3.articlealley.com/inflation-effects-on-housing-prices-2171392.html 06th April 2011 If you are planning to buy something on loan, get ready to spend more. Consumer loans, including home, personal and education loans, have become slightly costly in the past month with quite a few banks raising rates. For depositors, however, this is a goo... http://www.articlealley.com/http://deal4loan.articlealley.com/pay-more-for-loans-get-more-on-deposits-2125354.html 17th March 2011 Banks have been raising rates in past few months so the consumer loans, including home, personal and education loans have become costly. So now have to shell out more to own your dream home or any other loan you may opt for. Good news for depositors, as n... http://www.articlealley.com/http://deal4loan.articlealley.com/earn-more-on-deposits--pay-higher-emis-2125334.html 17th March 2011 The country's second largest private sector lender, HDFC Bank, has decided to hike fixed deposit rates by up to 100 basis points and lending rates by 50 basis points in line with industry trend. Deposit rates across select maturities will be revised upwar... http://www.articlealley.com/http://deal4loan.articlealley.com/hdfc-banks-deposit-lending-rates-likely-to-go-up-by-100-bps-2122530.html 16th March 2011 College is an important part of every education in this day and age. Companies have begun expecting those who they hire to have at least a basic college degree, and it is very hard to get a job that pays above minimum wage without one. Because college is ... http://www.articlealley.com/http://artjones.articlealley.com/college-financial-planning-2090063.html 04th March 2011 The excellent news for any person who would like to apply for a residence loan is that there is at the moment extreme levels of competition among the big banks hipoteca and thus the banks will mainly bend more than backwards to accommodate a buyer.With th... http://www.articlealley.com/http://john3325mcfalramiere.articlealley.com/things-to-assess-previous-to-signing-with-a-unique-home-loan-financial-institution-2078434.html 28th February 2011 Loans from the country's largest bank have turned more expensive with the State Bank of India revising its base rate, prime lending rate (PLR) and returns on term deposits with effect from Monday. The increase will apply to home loans under its special sc... http://www.articlealley.com/http://deal4loan.articlealley.com/sbi-increases-interest-rates-2066082.html 23rd February 2011 When there is an increase in the Prime Lending Rate (PLR), the interest rate on your loan will also go up, and your repayment would be higher. However, in most cases, financial institutions would allow you to pay the fixed amount of monthly repayment (EMI... http://www.articlealley.com/http://adhil.articlealley.com/what-you-should-know-about-your-housing-loan-2051864.html 20th February 2011 State Bank of India's (SBI) Q3FY11 profit after tax was up 14% YoY at Rs 28.3 bn (10% higher than our estimate). Performance on operating parameters was significantly better than we had anticipated. Some of the positive surprises are: margin improvement o... http://www.articlealley.com/http://deal4loan.articlealley.com/state-bank-of-india-stock-rating-buy-2051738.html 20th February 2011 HDFC hiked interest rates on floating rate home loans by 25 basis points in a move that will make loans costlier for both existing and new borrowers. In addition, a clutch of banks, including Bank of India, Oriental Bank of Commerce, Indian Overseas Bank ... http://www.articlealley.com/http://deal4loan.articlealley.com/hdfc-hikes-floating-loan-rates-by-25-bps-2043060.html 17th February 2011 A week after the credit policy, the quarter percent rate hike is beginning to seep in. HDFC has raised its home loan rates for existing and new customers by a quarter percent. HDFC was not alone in raising rates. Other public sector undertaking (PSU) bank... http://www.articlealley.com/http://deal4loan.articlealley.com/banks-hikes-lending-rates-your-emis-to-go-up-too-2040299.html 16th February 2011 Bank lending and deposit rates have begun to move up in response to the 25-basis points hike in interest rates by the Reserve Bank of India. All eyes are now on SBI which holds the key to home loan rates. On Monday, three nationalized banks -Punjab Nation... http://www.articlealley.com/http://deal4loan.articlealley.com/psu-banks-rise-lending-deposit-rates-2039979.html 16th February 2011 While net interest margins could moderate going ahead, healthy core operating performance and reasonable valuations make the scrip attractive. The country’s largest lender, State Bank of India (SBI) last week raised its base rate by 40 basis points (bp... http://www.articlealley.com/http://deal4loan.articlealley.com/rate-increase-short-slippages-affirmative-for-sbi-1969697.html 19th January 2011 Every policy rate hike by the Reserve Bank of India ( RBI )) and the corresponding interest rates hikes by banks, typically pull the conversations towards housing loans — the largest burden taken by an average person. For those who have taken a loan, the ... http://www.articlealley.com/http://deal4loan.articlealley.com/be-careful-of-the-debt-trap-in-new-year-1932092.html 05th January 2011 EMIs or Equated monthly installments on Home loans for customers linked to the old benchmark prime lending rate (BPLR) have gone up after two of the largest private banks - HDFC and ICICI Bank - increased their rates last week. However, customers who have... http://www.articlealley.com/http://deal4loan.articlealley.com/home-loan-emis-go-up-for-old-customers-1887844.html 07th December 2010 Although the Reserve Bank of India (RBI) has hiked key policy rates by 25 basis points, corporate borrowers need not worry about higher interest rates on loans, at least in the near term. Banks are unlikely to raise interest rates immediately as the incre... http://www.articlealley.com/http://deal4loan.articlealley.com/bankers-regulation-out-immediate-hike-in-rates-1823049.html 03rd November 2010 State Bank of India (SBI) increased base rate or the minimum lending rate for the new borrower by 10 basis points to 7.6 %, a move that would make all kinds of advances, including corporate loans, costlier. The bank has revised the base rate below which b... http://www.articlealley.com/http://deal4loan.articlealley.com/sbi-up-lending-rate-by-10-bps-to-76-1803012.html 20th October 2010 State-owned Punjab National Bank has announced a festival bonanza offering home loan at 8.5 per cent, a teaser rate to attract new customer. The concessional rate of 8.5 per cent has been fixed for three years for housing loans up to Rs. 50 lakh. As pe... http://www.articlealley.com/http://deal4loan.articlealley.com/pnb-launches-special-scheme-for-home-loan-at-85-1710344.html 19th August 2010 As part of monetary measure, Canara Bank has revised upwards its benchmark prime lending rate (BPLR) by 50 basis points to 12.50 per cent, from 12.00 per cent with effect from August 12. The revised interest rates are, however, not applicable to the lo... http://www.articlealley.com/http://deal4loan.articlealley.com/canara-bank-bplr-rate-up-by-050-pc-1703530.html 16th August 2010 Home loans, auto loans and education loans from a host of banks have become costlier for existing borrowers by up to 75 basis points, after lenders hiked interest rates in line with the RBI's hawkish policy stance. While the country's second largest pu... http://www.articlealley.com/http://deal4loan.articlealley.com/home-auto-and-education-loans-get-costlier-for-existing-borrowers-1701401.html 13th August 2010 What is base rate? Thebase rate(BR) is the minimum rate of interest that a bank is allowed to charge its borrowers. Unless mandated by the government, the RBI rule stipulates that no bank can offer loans at a rate lower than the BR to any of its bor... http://www.articlealley.com/http://ajay20.articlealley.com/all-you-need-to-know-about-base-rate-1681281.html 06th August 2010 From July 1, the banking sector moved into this new interest rate regime. Prabhakar Sinha explains how it can benefit borrowers Anew interest rate regime kicked off when the country moved to the Reserve Bank of India (RBI) mandated system of base rate, ... http://www.articlealley.com/http://kuldeepkumar.articlealley.com/base-rate-boon-for-home-loan-borrowers-1672593.html 03rd August 2010 INDIA'S top lenders who have offered teaser rates on mortgages through special schemes to boost off take of loans will withdraw such schemes on Wednesday, as banks move to a new system of prices loans from July 1. The special loan schemes launched by mor... http://www.articlealley.com/http://kuldeepkumar.articlealley.com/home-loans-may-get-costlier-as-lenders-withdraw-special-schemes-on-wednesday-1644218.html 08th July 2010 It's perfectly possible to get a low interest rate car loan online as there are plenty of auto finance lenders who offer these types of finances. By securing car finance with low loan rates, you could simply reduce your monthly auto loan payments and thus... http://www.articlealley.com/http://jenniferwatson.articlealley.com/3-important-guidelines-for-securing-a-low-interest-rate-car-loan-1637552.html 05th July 2010 As of this article's date, if you're looking for a solid rate on your mortgage, you're in a lot of luck. I'll be discussing what some of the best rates available are going for today and I'll also be discussing if it's worth your bottom dollar to break yo... http://www.articlealley.com/http://darrenshamess.articlealley.com/whats-a-good-rate-for-a-mortgage-in-toronto-today-1614220.html 22nd June 2010 Existing home loan customers may be in position to bargain for a lower interest rate, as many banks are expected to pare their rates after the new base rate regime kicks in from July 1. The banking regulator has already said that the existing customers... http://www.articlealley.com/http://deal4loan.articlealley.com/base-rate-regime-to-defend-interest-of-existing-borrowers-1588684.html 07th June 2010 State Bank of India (SBI) chairman OP Bhatt has said that its margins will minimize by 20-25 basis points after the bank shifts to calculating interest on savings accounts on daily balances from April 1. SBI Personal Loan, SBI Home Loan and SBI Credit Ca... http://www.articlealley.com/http://deal4loan.articlealley.com/sbi-lending-rate-may-not-change-before-june-1415194.html 24th February 2010 Is your credit rating bad, i.e., is it less than 580?Have you already filed for bankruptcy or are almost bankrupt?Is your payday more than a fortnight away, and do you need some personal finance?If your answer to any or all of the above questions is "Yes,... http://www.articlealley.com/http://montyenglish.articlealley.com/loans-for-individuals-with-low-credit-history-1384635.html 09th February 2010 Is your credit rating bad, i.e., is it less than 580?Are you almost insolvent or have filed for insolvency?Is your payday more than a fortnight away, and do you need some personal finance?If your answer to any or all of the above questions is "Yes," do no... http://www.articlealley.com/http://montyenglish.articlealley.com/bad-credit-loans-for-people-with-low-credit-rating-1366714.html 27th January 2010 5 Reasons to Consider Loan Modification as Foreclosure Prevention Homeowners and their households need help fast in a foreclosure prevention situation. Too often, those facing foreclosure are racing against the clock, nervous about timeframes and under... http://www.articlealley.com/http://gracepub.articlealley.com/5-reasons-to-consider-loan-modification-as-foreclosure-prevention-1222985.html 09th November 2009 There seems to be an abundance of information about the different mortgage options available for home buyers and home owners who live in the United States. We read so much on the internet about rate resets, ARMs, Jumbo Mortgages, and NINJA loans. But this... http://www.articlealley.com/http://shainarnott.articlealley.com/canadian-mortgage-options-1179489.html 16th October 2009 Fixed rate equity home loans are the choice for most home owners. This is because a fixed rate home loan does not conform to the normal market Prime Rate. These types of loans offer home owners peace of mind, if only because the interest rates on such loa... http://www.articlealley.com/http://bongski.articlealley.com/fixed-rate-against-adjustable-rate-equity-loan-1161512.html 08th October 2009 While home refinance is the current buzz term, there are millions of homeowners in the dark about its true meaning. If you are wondering whether or not home refinance would be a good idea in your situation, you should first examine the reasons why people ... http://www.articlealley.com/http://sandeepsinghchahal.articlealley.com/some-important-tips-for-understanding-home-refinancing-1155603.html 06th October 2009 What Does Annual Percentage Rate - APR Mean? APR stands for Annual Percentage Rate. It is the cost of borrowing a certain amount of money expressed as a yearly rate. APR depicts the annual interest rate for a whole year. It is applied to any credit situa... http://www.articlealley.com/http://militaryloans.articlealley.com/annual-percentage-rate--apr-1085872.html 16th September 2009 Fixed rate loans are often the choice for homeowners, since fixed rate home equity loans do not conform to the standard market Prime Rates. Fixed rate loans give homeowners a peace of mind, since the interest on the loans does not change during the term o... http://www.articlealley.com/http://jewellhardin.articlealley.com/comparing-fixed-rate-and-adjustable-rate-equity-loans-1013316.html 03rd August 2009 grand-venezia-greater-noida.aspxThe new home loan rate offered by SBI may look attractive in the first three years, but in the long term of 20 years, it might not be economical compared to other lending institutions, if SBI continues to cut the bench... http://www.articlealley.com/http://zameensapna.articlealley.com/sbis-new-home-loan-offer-not-as-rosy-as-it-appears-1012123.html 01st August 2009 Mortgage Lending The question of mortgage lending arises when you are in need of money, which otherwise cannot be borrowed. It is the best way to raise money for huge investments like purchasing a house property, where the savings will just be sufficie... http://www.articlealley.com/http://emmarobert.articlealley.com/subprime-mortgage-lenders-997210.html 24th July 2009 ARE FIXED RATE CREDIT CARDS BETTER THAN VARIABLE RATE CREDIT CARDS? An important consideration when selecting a credit card is the annual percentage rate (APR). Most people are aware of this but they only focus on the number and not the terms tied to ... http://www.articlealley.com/http://umaailango.articlealley.com/are-fixed-rate-credit-cards-better-than-variable-rate-credit-cards-940602.html 17th June 2009 After winning the 15th Lok Sabha elections, the United Progressive Alliance (UPA) led government would have another critical task - fulfilling the demands of the Indian industry and reigniting the economic engine. Indian enterprises, including small an... http://www.articlealley.com/http://davidparks.articlealley.com/smes-draw-up-wish-list-for-the-new-government-905431.html 29th May 2009