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9 stocks from different segments of financial services sector with an upside potential of up to 37%
We call all of them financial services companies. But they are hardly homogenous, and it would be unwise to view them through the same lens. Each segment in the sector is practically an industry in itself, and has different operating matrices. There is, however, one thing common to these companies: All of them have been through a process where the RBI or some other regulator has had a close look at them. Is that process over? Has the time come to have them on your watchlist and look at them without bias and fear?
Bank of Maharashtra slashes retail loan rate by up to 50 bps
Bank of Maharashtra has reduced its retail loan interest rates by up to 50 basis points, effective June 10, with home loans starting at 7.35% and car loans at 7.7%. This move follows the RBI's recent rate moderation. Bank of Baroda also cut its MCLR by 5 basis points across various tenors.
SC rules homebuyers cannot claim home loan interest reimbursement from developers for project delays
The Supreme Court has ruled that homebuyers cannot recover home loan interest from developers for project delays, limiting refunds to the principal amount and contractually agreed compensation. The court emphasized that developers are not responsible for how buyers finance their purchases. Additional damages beyond the contract are only permissible in exceptional circumstances, ensuring compensation aligns with the agreed terms.
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.
I am 25 years old and in my first job. Should I buy a house or build financial assets first?
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These 7 banking stocks can give more than 20% returns in 1 year, according to analysts
In the last few weeks, bank stocks have outperformed a volatile market. So, it is clear that, unlike in the past when bank stocks led the correction in the market, this time institutional investors are clearly in no hurry to reduce their banking exposure. This has to be seen in light of the fact that, for a well-known reason, the margins of banks are going to come under pressure in coming quarters.
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India's rising household debts are not worrisome: SBI report
It said India's household debt is manageable and not worrisome at all, as two-thirds of the portfolio is of prime and above credit quality and the rise is attributed to a growing number of borrowers rather than an increase in average indebtedness.
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.
Lower home loan EMIs for loans from PNB, Indian Bank, Bank of Baroda, BOI 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.
Gold loan stocks like Muthoot Fin, Manappuram rally up to 4% for second day. What should investors do?
RBI's revised gold loan guidelines, effective April 2026, raise the LTV ratio for small-ticket loans, boosting gold loan stocks. The move, seen as regulatory relief for NBFCs, is expected to spur disbursements and intensify competition. Brokerages predict positive implications for NBFCs, with growth-focused outlook and improved profitability.
The Governor’s gambit: A double order of a big beautiful cut
The new RBI Governor has adopted an aggressive approach, signaling a departure from incremental measures with a significant rate cut and CRR reduction. This bold move aims to achieve sustainable 8% growth, prioritizing market impact over gradual adjustments. The strategy seeks to influence inflation expectations by delivering impactful changes, potentially causing market volatility but ultimately driving desired economic outcomes.
What should you do with your annual bonus - save or spend?
Choosing something that offers lasting value, like a short, affordable holiday, may be more meaningful than splurging on a bucket-list cruise. The rest of the bonus could be set aside for upcoming expenses, such as home repairs, new car, or a short course, or added to her long-term savings for goals like retirement.
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.
As deposit rates fall, banks turn to innovation to woo savers and stay competitive
With interest rates declining, banks face the challenge of attracting deposits. Experts suggest innovative products like fixed deposit-linked credit cards and sweep-in deposits are crucial. Younger savers are shifting to capital market products, while senior citizens favour government schemes. Banks are already adapting, but further rate cuts will necessitate more competitive offerings to retain depositors.
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.
MP govt to double car and housing loan limit for MLAs
The Madhya Pradesh government plans to double car and housing loan facilities for its MLAs. Legislators could soon access car loans up to ₹30 lakh and home loans up to ₹50 lakh.
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.
PNB cuts lending rate in line with RBI policy
Following a significant 50 basis points repo rate cut by the RBI, Punjab National Bank has reduced its lending rates by up to 50 basis points, effective June 9, 2025. This move aims to make EMIs more affordable for both existing and new borrowers, with home loan rates starting from 7.45% and vehicle loans from 7.8% per annum.
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.
RBI rate cut to positively impact automobiles sector
The Reserve Bank of India's decision to cut the policy rate by 50 basis points is expected to positively impact the automobile sector by making loans cheaper. Industry bodies like SIAM and ACMA believe this move will stimulate demand, lower borrowing costs, and ease working capital pressures, especially for MSMEs.
RBI MPC impact: DLF shares jump 7% amid euphoria in realty stocks
DLF shares surged 7% on Monday, hitting Rs 882.80, as real estate stocks rallied after the RBI slashed the repo rate by 50 bps to 5.5%. The Nifty Realty index jumped 4.6%, with most constituents in the green. DLF also reported a 39% YoY rise in Q4 net profit to Rs 1,282 crore, backed by strong revenue growth.
RBI’s surprise 50 bps rate cut seen reviving real estate demand. Here's what it means for property investors
In a move expected to unlock a fresh wave of housing demand, the Reserve Bank of India on Friday slashed the repo rate by 50 basis points to 5.5%, marking the third straight rate cut under Governor Sanjay Malhotra.
RBI repo rate cut is like BrahMos and Akash activated together: CIO says Rs 2.5 lakh crore liquidity push feels like a missile strike
The Reserve Bank of India (RBI) has significantly eased monetary policy by reducing the Cash Reserve Ratio (CRR) by 100 basis points to 3% and the repo rate by 50 basis points to 5.5%. These coordinated measures are set to inject over ₹2.
RBI’s 50-bps repo cut to boost mid-income, affordable housing demand
The RBI’s 50 basis point repo rate cut to 5.5%—its third in 2025, totaling a 100 bps reduction—is expected to boost housing affordability and stimulate demand, especially in the mid-income and affordable segments.
ITR filing for AY 2025-26: 7 prominent changes in ITR excel utilities for FY 2024-25, which taxpayers including salaried should know
The income tax department has introduced enhanced validation rules in the ITR filing utility for FY 2024-25 (AY 2025-26), primarily affecting salaried individuals and those claiming deductions under the old tax regime. Taxpayers must now provide detailed information for HRA, Section 80C, 80D, 80E, 80EE/80EEA, 80EEB, and 80DDB claims, aiming to curb false claims and expedite ITR processing.
Realtors' bodies Credai, Naredco expect at least 25 bps cut in repo rate to boost housing demand
Real estate bodies CREDAI and Naredco anticipate a repo rate reduction by the RBI, expecting it to stimulate housing demand. They highlight that previous rate cuts have already boosted housing loan growth. Industry leaders believe a further rate cut would enhance affordability, encourage homebuyers, and spur overall economic growth by positively impacting linked sectors.
Westpac NZ slashes home loan rates after OCR cut, 3-year fixed now just 4.95%, check full list
Westpac New Zealand has reduced lending and deposit rates following the RBNZ's OCR cut to 3.25%. Special fixed home loan rates now start at 4.95% per annum for one, two, and three-year terms, the lowest among major banks for three-year terms. Variable home loan rates have also decreased by 0.15% annually, while the Notice Saver product remains unchanged at 3.
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