Teaser Loans

External benchmarking: No extension in deadline, teaser loans not welcome

The banking regulator that has recently been entrusted with supervision of non-banking finance companies (NBFCs), is “studying” loan pricing methods in the sector, while no review is in the works as of now.

SBI wants to bring back teaser loans, but will it get RBI nod?

This is not the first time that SBI is trying to bring such a product into the market. Its earlier attempts were thwarted by the regulator as it had a different take on these hybrid loans. So, why is SBI keen on bringing them back?

How good is a `Teaser Home Loan` for you?

Teaser loans allow borrowers to enjoy a fixed rate of interest for initial years. After the stipulated period is over, the borrower is charged floating rate of interest.

Once bitten, SBI says enough with teaser loans

The nation's largest lender State Bank of India, which had introduced the concept of teaser loans in the country, today made it clear that it will not be joining its rivals in launching a similar product this time around.

RBI has no intension to stop teaser loans: Gokarn

Reserve Bank Deputy Governor Subir Gokarn today said the central bank has no plan to ban teaser loans but warned that any such product will attract 2% additional provisioning.

SBI says no plan to launch teaser loans

The nation's largest lender State Bank today said it has no plan to relaunch the dual/fixed rate home loan products, popularly known as teaser loans, as was done by rival ICICI Bank last week.

SBI is still a great stock : Jagdish Malkani

Jagdish Malkani, member of NSE and BSE, says that SBI is still a great play on the Indian economy. He talks to the CNBC-TV18 of the future of the bank and other PSUs in the country.