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Banks Slash Home Loan Rates to Decadal Lows Follow us on: @TheDailyPioneer facebook.com/dailypioneer RNI No. TELENG/2018/76469 Established 1864 ANALYSIS 7 MONEY 8 SPORTS 12 Published From HYDERABAD DELHI LUCKNOW DEFYING NORMS DATA SHARING, CYBERSECURITY SUNDAR CAN PERFORM ROLE I BHOPAL RAIPUR CHANDIGARH FOR BETTER LIVES TOP CONCERNS FOR BANKS USED TO PLAY FOR INDIA: SHASTRI BHUBANESWAR RANCHI DEHRADUN VIJAYAWADA *LATE CITY VOL. 3 ISSUE 136 HYDERABAD, MONDAY MARCH 8, 2021; PAGES 12 `3 *Air Surcharge Extra if Applicable RANA'S NO 1 YAARI'S NEXT SEASON ON AHA { Page 11 } www.dailypioneer.com MITHUN CHAKRABORTY JOINS BJP COUNTRY'S FIRST FOREST HEALING ‘ROWDY' INDIAN PASSENGER FORCES READY TO TAKE UP ANY TASK, SAYS AHEAD OF PM'S RALLY IN KOLKATA CENTRE COMES UP IN U'KHAND PLANE TO MAKE EMERGENCY LANDING ‘METROMAN' SREEDHARAN eteran actor Mithun Chakraborty joined the BJP on he country's first forest healing centre based on the rowdy Indian passenger on board an Air France flight from etroman' E Sreedharan on Sunday said he was ready Sunday at Brigade Parade Ground here, where Prime concept of making people healthy by bringing them Ghana via Paris to New Delhi forced the plane to make an to take up any responsibility given to him by the BJP, VMinister Narendra Modi is scheduled to address a rally Tinto direct contact with nature was opened to the Aemergency landing at Bulgaria's capital here, according to a Mwhich he had recently joined. Speaking at a rally later in the day. Chakraborty was welcomed into the party public on Sunday at Kalika near Ranikhet, an official said. media report. The Indian national, whose identity was not made attended by Union Home Minister Amit Shah, at nearby fold by BJP national general secretary Kailash Signboards on either side of its slopey public, has been detained for 72 hours, Bulgarian Shangumugham, Sreedharan said he want- Vijayvargiya and state party chief Dilip entrance advise visitors to hug trees, News Agency BTA quoted Sofia City Prosecutor ed to utilise his energy for the state of Ghosh among others. RSS chief Mohan walk barefoot on the grass, lie on their Iliana Kirilova as saying on Saturday. After the Kerala. "For the last 67 years I was a Bhagwat had met the actor at his back and gaze at the swaying trees or troublemaker's detention, the flight government servant. Many people Mumbai residence last month setting the ever changing sky above to soothe proceeded to its destination, he said. The have asked me why I ventured into off speculation that he might join the their senses. Cute little wooden Indian has been charged with endangering politics after these many years. For BJP. Chakraborty, a former Rajya Sabha structures called tree platforms have the safety of an aircraft while airborne, said 67 years, I worked as part of many member of the TMC, had quit the Upper been built for the purpose of providing Ivailo Angelov of the National Investigation projects for this country." "I am still House in 2016 after his name surfaced in visitors a perfectly natural ambience to Service. If convicted, he faces from 5 to 10 energetic and want to utilise my ener- Saradha Ponzi scam. meditate. years' imprisonment, the report said. gy for the state of Kerala. Junk old car and get Banks slash home loan about 5% rebate on rates to decadal lows new car : Gadkari n PNS MUMBAI growth halved to 7.7 per cent in PNS n NEW DELHI January 2021. Flushed with excess liquidity as For banks, housing loans are There is good news for consumers general credit demand still way safe bets in the current scenario who are going to junk their old below the desired levels, leading as the risk of default is minimal vehicles and buy a new one under home loan players State Bank of with a gross NPA of just 0.67 per the Vehicle Scrapping Policy as TS Govt declares India, HDFC, ICICI Bank and cent for SBI which leads the Re-invention, automakers will give about 5 per Kotak Mahindra Bank have market and for HDFC too this resilience and research cent rebate on the new purchase, holiday for women slashed their rates to a decadal NPA is under 1 per cent. Union minister Nitin Gadkari has low, leaving consumers spoilt for Banks are hoping that the give India edge said. staff today choices. nascent economic recovery will The voluntary vehicle scrapping The interest rate war comes as lead to more home purchases, policy announced in the Union PNS n HYDERABAD banks are sitting on huge excess which has been faltering since Budget for 2021-22 provides for fit- liquidity which as of last week last March. With corporates 5 ness test after 20 years for person- The Telangana government has was over Rs 6.5 lakh crore, demand still a far cry and down al vehicles while commercial vehi- declared a holiday for all women according to Care Ratings. Excess in the dumps from an NPA point cles would require it after the com- employees in the state on Monday liquidity is a drag on the banks of view, for banks the biggest pletion of 15 years. on the occasion of International bottomlines as they have to pay reason to push home loan is its "Automobile manufacturers will Women’s Day. interest to depositors which is as risk-free nature. Unlike personal provide about 5 per cent rebate on polluting vehicles. These will be On the direction of Chief low as 2.5 per cent now, though. loans, housing loans involve a new car purchases" to the con- required to undergo mandatory fit- Minister K. Chandrasekhar Rao, The rate war also comes on the collateral. In case of default, sumers in lieu of scrapping of the ness and pollution tests in auto- Chief Secretary Somesh Kumar back of continuous prodding by banks can seize the asset and old, Road Transport, Highways mated facilities. For this automat- on Sunday issued an order declar- the monetary authority which cent. auction it off. and MSMEs Minister Gakdari ed fitness centres would be ing special casual leave for all has slashed the repo rates by a According to the RBI data, At Rs 14.17 lakh crore as of told PTI. required through out in the coun- women employees on March 8 as whopping 200 bps since March home loan growth decelerated in November 2020, live housing "There are four major compo- try and we are working in that it is being celebrated as 2020 to 4 per cent to help revive FY21 due to the pandemic, loans account for more than half nents of the policy...Apart from direction," Gadkari said. International Women’s Day. the economy ravaged by the though the decline in fact began of personal loans for banks. rebate, there are provisions of pandemic, but still credit in March 2020. From 17.5 per green taxes and other levies on old 2 2 demand remains under 6 per cent in January 2020, home loan 2 BKU's Tikait to KTR says TS to offer Govt provides options in free edu to children of Not ‘Didi’, chose to be ‘bua’ to tour Telangana deceased journalists ‘bhatija’, Modi scalds Mamata Dharani portal for agri lands PNS n BHOPAL PNS n HYDERABAD Bharatiya Kisan Union leader PNS n KOLKATA Rakesh Singh Tikait will address Modi, Shah big-time The Telangana State government rallies in Telangana shortly, as part 3 Prime Minister Narendra Modi has provided certain options in of his multi-state tour for interac- Sunday launched a blistering attack extortionists: Mamata Dharani portal to help fix issues tion with farmers to widen the on West Bengal Chief Minister SILIGURI: Launching a fresh tirade concerning agricultural lands. scale of protests against the Mamata Banerjee, accusing her of against Prime Minister Narendra Modi, The options provided by the gov- Centre's controversial farm laws. "betraying and insulting" the people West Bengal Chief Minister Mamata ernment in the Dharani portal are His rallies will begin in MP on of the state who trusted she will bring Banerjee on Sunday called him and intended to solve nine types of Monday, after which he will cover about a change after the Left rule. Home Minister Amit Shah "big-time problems, including linking of Uttarakhand, Rajasthan, He also accused her of nepotism extortionists" and sought to know how Aadhaar numbers, spelling mis- Karnataka and Telangana, accord- by choosing to play the limited role money has been accrued through takes in names, wrong measure- will initiate action after examin- ing to BKU general secretary of "bua" (aunt) to her "bhatija" disinvestment of public sector units. ment of land area, and missing ing the problems. Anil Yadav. (nephew) instead of becoming of his businessmen friends. Banerjee, while addressing a rally here survey numbers. Farmers have to apply under Incidentally, there is an arrest "Didi" (elder sister) to the people. "You have betrayed and insult- following her protest march over LPG Farmers seeking redressal of Section-8 if the details of lands warrant pending against Tikait in Addressing a massive BJP rally ed the people of Bengal who price hike, said the Modi-Shah regime any of the nine types of issues got though purchasing, heir or connection with a 2012 attempt to at the Brigade Parade Grounds, his trusted that you will be the har- was "helming a syndicate", and money need to apply through Mee Seva due to partition are mentioned murder and rioting case in the first in West Bengal after the binger of change after the end of changed hands freely under their with related documents for solu- wrongly.
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