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RBI repo rate decision: What will be impact on home loan EMIs

RBI repo rate decision: This means that your home loan interest burden and equated monthly installments (EMI) will remain unchanged for now.

RBI repo rate decision: This means that your home loan interest burden and equated monthly installments (EMI) will remain unchanged for now.
Published on Apr 05, 2024 11:07 AM IST

7 booked for taking loans of 1.33 cr on fake LIC policies

The accused have been identified as Rani Durairaj and Sonali Borse – the insurance agents – as well as Vaishali Shigvan, Manish Jaiswal, Deepak Dani, Ranjit Prasad and Prakash Bet – the borrowers.

“Later, the bank checked and found the LIC policies to be fake as well. When the borrowers were traced, they said that the two female agents had told them they were taking small loan amounts. However, they learnt they had taken a bigger loan amount in the two agents’ names and had paid the borrowers a very small amount. The two agents had also told them they needed the loan for only three months and will soon repay it,” said the police officer. (Image for representation)
Updated on Apr 23, 2023 12:35 AM IST
ByVinay Dalvi

Dakshin Bharat Yatra train to start plying from April 30

IRCTC will run the ?Dakshin Bharat Yatra train? from Gorakhpur as part of the Bharat Gaurav Yatra from April 30. The train will allow people from eastern UP districts to visit tourist destinations and religious places across southern India. The IRCTC has introduced payment through EMI to make the tour more affordable. The 14-coach train will have 710 berths, including sleeper class and two AC coaches, and group bookings are available. Medical experts will be available at railway stations, and features include a pooja room, a shower system, and western-style washrooms.

Pic for representation only (Sourced)
Updated on Apr 19, 2023 12:21 AM IST
By, Gorakhpur

State saw 35% rise in revenue from stamp duty, registration in 2022-23

The Maharashtra state government exceeded its stamp duty and registration revenue target for the 2022-23 financial year, collecting ?43,289 crore, aided by a buoyant real estate market and a rise in the metro cess. However, officials are doubtful if the rally will continue in 2023-24 due to a 25% hike in EMI and a decline in the number of documents registered for flats in the last few months. The decision to not increase the ready reckoner rate for 2023-24 would also lead to a drop in revenue, but an amendment to the Maharashtra Stamp Act to raise the value of bond papers may help.

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Updated on Apr 04, 2023 12:36 AM IST
By, Mumbai
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