SDB Club Benchmark Real Estate

Turkey’s central bank left its benchmark interest rate unchanged, after two months of cuts, to assess whether curbs on lending are reducing consumer demand. The bank in Ankara kept its one-week repo lending rate at a record low of 6.25 percent, according to an e-mailed statement today. Six of seven economists surveyed by Bloomberg this [...]

Kolkata-based Allahabad Bank hiked its base rate by 0.5% to 9.5% and BPLR by 0.25% to 13.5% respectively Two state-run lenders, Allahabad Bank and Punjab & Sind Bank on Monday hiked their lending rates by up to half a percentage point, becoming the first banks to up their rates after the Reserve Bank of India [...]

Mumbai, Oct 5 (PTI)The country’s largest private lender ICICI Bank is all set to increase the home loan interest rate by 25 basis points to 8.5 per cent from tomorrow. An announcement to this effect is likely to be made shortly, banking sources said. Under the proposed scheme, home loan seekers will have to pay [...]

The European Central Bank held interest rates at a record low today as renewed financial-market tensions complicate its exit from crisis mode. The ECB‘s Governing Council meeting in Frankfurt set the benchmark lending rate at 1 percent for an 18th month, as predicted by all 52 economists in a Bloomberg News survey. President Jean-Claude Trichet [...]

Lending rates have started rising after more than two years. Five banks have increased their benchmark lending rate or the base rate even as the country’s largest lender, State Bank of India (SBI), decided to maintain status quo. All corporate and retail loan rates linked to the base rate will now go up. Among government-owned [...]

Real estate is often known as the safest investment available, because investing in real estate along with correct evaluation of the property can result in good earnings. That’s why Real estate investment is a great opportunity to earn profits and generate a cash flow. Lots of people think that real estate investment is an easy [...]

Public sector lender Bank of Baroda today hiked its benchmark prime lending rate (PLR) by 50 basis points to 12.50 per cent. The hike takes the bank’s PLR from the existing 12 per cent to 12.50 per cent, the bank informed the Bombay Stock Exchange (BSE). The hike is with effect from today, the bank [...]