• UCO Bank's festival offer on loans
UCO Bank has announced festival discount on its home loans under UCO Shelter.

• IOB cuts housing loan rates
Indian Overseas Bank (IOB) has reduced the interest rates on housing loans under floating rate option by 50 basis points with effect from Thursday.

• Canara Bank cuts retail loan rates
Canara bank has reduced the lending rate on its retail loan products - CanMobile and Canbudget.

• Bank of Baroda cuts home loan rates
Bank of Baroda reduced the rate of interest on home loans between 25-50 basis points for the second time in less than two months.

• SIB bets on retail loans, increase in fee income
While seeking to lower its bad loans and raising the share of low-cost deposits, Thrissur-based South Indian Bank (SIB) plans to concentrate on retail loans this year.

• ICICI Bank cuts retail loan rates
ICICI Bank Ltd, the second-biggest bank, has cut interest rates on home loans and other retail loans by 25-50 basis points with immediate effect, a spokesman said on Thursday.

• Government to ensure loans for poor students
Government is planning to start a Higher Education Loan Guarantee Authority to ensure poor students get loan without any hassle.

• SBI cuts rates for new retail loans
State Bank of India said on Wednesday it had cut interest rates on new loans for homes, automobiles and farm equipment in a festival season offer that runs until the end of 2007.

• Air India gets $1.2 b Exim loan for 17 aircraft purchase
Air India is set to get $1.2 billion US Exim guaranteed loan from the US Exim for purchase of 17 Boeing aircraft by the airline. These 17 aircraft would be delivered to Air India by December this year.

• Axis Bank cuts home loan rate by 50 bps
Private sector lender Axis Bank has cut its variable home loan mortgage rate by 50 basis points to 10.5 per cent, effective Oct. 1, Imtiaz Ahmed, assistant vice president of the mortgage division told Reuters.

• SBH mulls reducing interest rates on home loans
State Bank of Hyderabad (SBH) is planning to reduce interest rates on housing loans in view of the prevailing market conditions.

• Personal loans can cost less
Have you ever wondered why you need to pay an interest of 16-25 per cent on personal loans, when interest on home loans in only 10-14 per cent?

• ICICI Bank’s lending rate depends on RBI, deposits
Lending rates at ICICI Bank, will depend on central bank policy and ICICI's deposit growth, its chief, K.V. Kamath, said on Friday.