HOME LOAN EMIS
Can builders invoke force majeure clause to delay possession? Know what RERA says
Real estate developers can use "force majeure", or situations beyond their control, to justify inordinate delays in giving possession to homebuyers. While the RERA Act allows extensions for unforeseen circumstances like natural disasters, developers must provide evidence for delays. Buyers can challenge RERA decisions that lack transparency and adequate grounds. New rules mandate public notice of extension requests for homebuyers' perusal.
ETMarkets Smart Talk: Generative AI, defence, and semiconductors among top themes for 2H2025, says Saurabh Pathak
Saurabh Pathak of Purnartha PMS is optimistic about India's growth in H2 2025, highlighting Generative AI, Defence, and Semiconductors as key investment themes. Despite geopolitical volatility, India's strong domestic growth, resilient consumption, and government capex support a constructive outlook. Pathak advises staggered investments, favoring IT, Pharma, and Utilities sectors.
PayU India reports Rs 5,778 crore revenue in FY25; remains operationally lossmaking
PayU India's payment division achieved breakeven in the second half of fiscal year 2025. Revenue grew due to deeper market penetration and value-added services. However, the company experienced full-year operational losses because of its credit business. PayU's credit division disbursed 1.1 billion dollars in loans. The company acquired Mindgate Solutions to enhance its payment infrastructure.
Lowest home loan EMI: These non-bank companies offer home loan interest rates starting at just 8%
The RBI since the beginning of 2025 has reduced the repo rate by 100 basis points, leading to a decrease in interest rates on home loans.
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How a right home loan prepayment strategy can save big on interest and reduce loan tenure
With tax breaks gone, prepaying your home loan could save you more than you think.
FIRE can also mean Forced Into Retiring Early: Why you must prioritise retirement over other financial goals
It’s time to accept the reality. Instead of assuming that you will be working till 60, plan as if you might need to stop at 50. This means you would have to redo your retirement calculations to figure out how much more/extra you need to save.
Divorce & finance: With intertwined savings, investment and assets a separation is not easy; here’s how you can reach a settlement amicably
At the end of the negotiations, it’s important to arrive at a single summary outlining the transfers to be made, immediate payments, and future commitments. While smaller details may seem significant initially, consolidating everything into a single net figure simplifies the process, making it more efficient and cost-effective.
As techies complain Rs 50 LPA not enough in Bengaluru, CA decodes what is wrong
Despite high salaries in India's tech sector, many professionals struggle to save due to lifestyle inflation. CA Nitin Kaushik argues that financial discipline, not just income, is key. He advises budgeting, automating savings, and tracking expenses. Delhi-based businessman Abhijit Chakraborty echoes this, questioning excessive EMIs for cars and homes, emphasizing that financial stress is often self-inflicted, regardless of income.
Home loan EMIs continue to fall: 7 banks cut home loan interest rates after RBI repo rate cut in June
Following the Reserve Bank of India's repo rate cut in June 2025, several major banks, including SBI, Union Bank, and Bank of Baroda, have reduced their lending rates. This move lowers home loan interest rates for borrowers with floating rate loans linked to the repo rate.
SBI cuts lending rates after RBI repo rate revision: Check latest interest rates
Following the RBI's repo rate cut, SBI has reduced its key lending rates by up to 0.50%, effective June 15, 2025. The External Benchmark Rate (EBR) is lowered to 8.15%. Consequently, SBI home loan interest rates now range from 7.50% to 8.45% based on the borrower's CIBIL score.
Big savings for home loan borrowers as EMIs to fall significantly after RBI cuts repo rate by 50 bps
RBI repo rate cut: The Reserve Bank of India has cut the repo rate by 50 bps in today's monetary policy announcement. With the latest rate cut, home loan EMIs or tenure will decrease further. This will result in the big savings on the interest paid on home loan for borrowers.
Public vs private banks: Which of these offers the cheapest home loans now after RBI's 50 bps repo rate cut?
Good news for home loan borrowers as Reserve Bank of India cuts repo rate. This move lowers home loan interest rates. Borrowers can expect reduced EMIs or shorter loan tenures. Many banks are revising their lending rates. Public and private sector banks offer varied interest rates. Borrowers should compare fees and processing times before deciding.
HDFC Bank cuts these lending rates by 10 bps; check details
HDFC Bank announces a cut in its MCLR. This benefits borrowers with loans linked to this benchmark. The reduction is up to 10 basis points on select tenures. The revised rates range from 8.90% to 9.10%. These rates are effective from June 7, 2025. This follows the Reserve Bank of India's repo rate cut.
Home loan EMIs to fall: Canara Bank, Union Bank, Indian Overseas Bank cut lending rates after RBI repo rate cut
Following the Reserve Bank of India's repo rate cut, Canara Bank, Union Bank of India, and Indian Overseas Bank have reduced their Repo Linked Lending Rates (RLLR), offering relief to home loan borrowers.
Lower home loan EMIs for PNB, Indian Bank, Bank of Baroda, BOI borrowers as RBI cuts repo rate by 50 bps
Home loan interest rates: Following the RBI's repo rate cut to 5.50%, four major public sector banks, including PNB, BoB, Indian Bank, and BOI, have reduced their home loan interest rates. These revisions, effective in early June 2025, lower the Repo Linked Lending Rates (RLLR) by 50 basis points.
Rs 7.71 lakh savings on Rs 50 lakh home loan: Check how much you will save after RBI’s 50 bps repo rate cut
If you go for EMI reduction after interest rate reduction, it doesn't only lower your monthly outgo by reducing your EMI, it could also slash your total interest by several lakhs. However, your actual savings depend on whether you reduce your EMI or keep it constant and shorten the loan tenure.
Thyrocare founder, worth Rs 5,000 crore, warns when your high salary could be your enemy No 1
Many corporate employees face career stagnation earlier than expected. Professionals often prioritize spending over saving, leading to financial vulnerability. Continuous learning is crucial for job security. Companies are cutting mid-level positions. Experts advise building diverse income streams. Professionals need a second-innings strategy. Planning for the future is essential for long-term stability.
You earn Rs 75 LPA and still cry it is not enough in Bengaluru or Gurgaon? Entrepreneur gives a reality check, says I too could have bought a Mercedes
Abhijit Chakraborty's LinkedIn post sparked debate. He questioned high-income earners complaining about finances. Chakraborty criticized excessive borrowing for lifestyle maintenance. He shared his own financial choices as an example. Reactions varied from agreement to accusations of boasting. The post raised concerns about credit culture and lifestyle inflation. It highlighted the need for mindful spending.
Viral post explains why 'Rs 70 lakh is the new middle class' in Gurgaon, Mumbai, or Bengaluru, and offers "practical advice"
A Gurgaon-based investment banker's LinkedIn post has gone viral, highlighting the financial struggles of high earners in metro cities. Despite a Rs 70 lakh annual salary, rising costs, loans, and lifestyle pressures leave little disposable income. The post advises careful consideration before making major purchases like homes, resonating with many professionals facing similar financial constraints.
'70 LPA is the New Middle Class': You will have nothing at the end of month if you have a home loan, warns banker
An investment banker's LinkedIn post reveals that even a ₹70 lakh annual salary can feel like middle class in India's metros. High home loan EMIs, car loans, school fees, and urban inflation leave little room for savings or discretionary spending. The post advises rethinking large housing loans to avoid this financial trap.
He bought a Gurgaon flat in crores but now it ruins his weekend peace, even in Canada
A recent social media post is highlighting the hidden burdens of homeownership for many Indians, especially NRIs. What starts as a dream investment can quickly turn into a logistical nightmare, filled with tenant issues and endless paperwork. As one NRI discovered after relocating to Canada, his Gurgaon flat became a source of 'passive frustration' rather than passive income.
Latest loan rates in June 2025: SBI vs HDFC vs Canara vs BoB vs PNB -which bank offers the lowest rates?
In June 2025, several major banks will revise their MCLR. HDFC Bank, Canara Bank, and Bank of Baroda will announce rate reductions. This will provide borrowers with some relief. State Bank of India and Punjab National Bank will keep their MCLRs unchanged. These revisions will potentially impact EMIs and loan tenures. Borrowers should review the new rates.
FIRE myth: Financial independence, retire early sounds glamorous. It takes much more than mere ambition
Financial Independence, Retire Early sounds glamorous. But early retirement takes more than ambition—it needs planning, patience, and a whole lot of money.
Crorepati house! EMIs on Rs 1 crore home loan may drop to Rs 68,000 after RBI’s 50 bps rate cut
The Reserve Bank of India's significant 50 bps repo rate cut to 5.5% in June 2025 is poised to boost India's housing market by lowering home loan EMIs. This move, coupled with a CRR reduction, injects liquidity into the banking system, potentially making homeownership more accessible, especially in the affordable and mid-income segments and Tier 2 & 3 cities.
Here’s how you can save on interest after RBI’s repo rate cut
Banks like Canara or UCO have already cut rates to 7.75%, but some private banks may take a few months to pass on the full benefit, so check with your lender. With reduced EMIs, you can use the extra money for daily expenses, savings, or paying off your loan faster to save more interest.
Thanks, Mr Sanjay Malhotra for giving wings to investors' dreams
The Reserve Bank of India has reduced rates. This is the steepest cut since March 2020. Property and auto loan rates are expected to fall. The Nifty Realty index has already surged. Experts believe this will boost home affordability. It will also increase demand, especially in smaller cities. Developers are optimistic about increased home buying activity.
Cheaper home and car loans: India Inc gets a booster and fire power to drive growth
Home, personal, and car loans tied to external benchmarks, such as the repo rate, will see an immediate downward reduction. However, loans tied to the marginal cost of funds-based lending rate (MCLR), like corporate exposures, will take longer to head lower. Policy action, Reserve Bank of India (RBI) Governor Sanjay Malhotra said, is geared toward boosting broader credit demand for which monetary support is a "necessary condition", although not sufficient.
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