Browsing: Home Loan

The Reserve Bank of India (RBI) slashed interest rates (repo) by 35 basis points (bps) on Wednesday. The repo rate now stands at 5.4 per cent, after four consecutive rate cuts in this year from its recent peak of 6.5 per cent.

Renting a house in most Indian cities is usually difficult for people, especially millennials and those who have just started working, due to the high security deposits and other conditions that owners place. But that does not mean owners land the sweeter deal. Giving your house on rent usually is a huge risk, given innumerable cases of squatting and tenants causing damages to the property.