Buyers to move SC after penalty relief for builders in Noida, Real Estate News, ET RealEstate

NOIDA: Homebuyers are all set to move the Supreme Court seeking refunds after it recently reduced the penalty imposed on builders by authorities in the twin cities for delayed payment from 20% to 7.3% as per the State Bank of India‚Äôs marginal cost of lending (MCLR). Buyers claim that any money refunded by the authorities […]

SBI cuts MCLR by 5-10 bps for shorter tenors, Real Estate News, ET RealEstate

MUMBAI: The country’s largest lender State Bank of India (SBI) on Wednesday said it has reduced its marginal cost of funds based lending rate (MCLR) by 5-10 basis points (bps) for shorter tenors from July 10. The reduction in MCLR for shorter tenors – up to three months – is aimed to boost credit off […]

Call for Free Visit