SBI, PNB, ICICI Bank raise lending rates

By Accommodation Times Bureau NEW DELHI The State Bank of India (SBI), Punjab National Bank (PNB) and Industrial Credit and Investment Corporation of India (ICICI) Bank has raised up to 0.1 per cent of their benchmark mark lending rates or Marginal Cost of funds based Lending rate (MCLR). The move makes loans at

SBI to raise Rs 20,000 Cr through bonds for affordable housing, infra

By Accommodation Times Bureau MUMBAI To finance affordable housing and infrastructure projects through long-term bonds, The country’s largest bank State Bank of India on Wednesday said its board has indicated to raise Rs 20,000 crore. In BSE filing SBI, said, "The executive committee of the Central Board in its meeting held today has

SBI to raise Rs 5k crore through bonds for affordable housing

By Accommodation Times Bureau NEW DELHI On Tuesday, State Bank of India (SBI) said it proposes to raise Rs 5,000 crore to fund affordable housing through long-term bonds. SBI said in a filing to stock exchanges, that the proposed bond raising programme aims at funding infrastructure and affordable housing. For financing of infrastructure and

The Wadhwa Group partners with SBI

By Accommodation Times Bureau Mumbai, 27th September 2017: Enter a world of unparalleled luxurious living with a trusted name that carries a rich legacy of over half a century. The Wadhwa Group, a prominent realty player in Mumbai, has signed an MOU with SBI, to make home buying financially easy. In a period

SBI launched integrated website to help customers for buying home

‘SBI Realty’ unveiled to assist home buyers  State Bank of India, country’s largest commercial bank has taken another step towards customers’ convenience by launching ‘SBI Realty’ – a one stop integrated website for Home buyers. SBI Realty will help customers to choose their dream home from 3000 SBI approved projects

SBI reduces home loan rates by 15 bps;lowest in six years

SBI has further slashed interest rates by 0.15% for its Home Loans upto Rs. 75 lacs w.e.f. 1st November, 2016. SBI Home Loans, which are cheapest in themarket provides an excellent opportunity for both, new Home Buyers as well as those who wish to switch over their home loan to SBI to save

SBI home loans get cheaper with reduction in MCLR

By Accommodation Times News Services State Bank of India on revised downwards its lending rates by 5 basis points to 9.15 per cent, based on marginal cost of funds, with effect to this loans will get cheaper. The new minimum lending rates are effective from May 1, State Bank of India

SBI to float subsidiary for managing the properties

  By Accommodation Times News Service The subsidiary would eventually take over these properties after it was formed, the official said Country's largest lender State Bank of India (SBI) is finalizing plans to set up a subsidiary for managing its large portfolio of real estate properties and those taken on lease or rent."SBI

SBI launches many new schemes and offers on home loans

By Accommodation Times News Services State Bank of India largest nationalised bank in India has launched a new scheme for the home buyers, now the home buyers can opt for the loan within 10 days. Bank is also providing door step services. SBI has named the initiative as ‘Project Tatkal’ this scheme