Thursday, September 29, 2011

Axis Bank rolls out lifetime fixed rate home loan

Axis Bank, a late entrant to home loans, has launched a lifetime fixed rate home loan at an interest rate of 11.75% for a 20-year tenure. This is the cheapest fixed rate loan available in the market and is 250 basis points lower than the fixed rate product being offered by the bank till now. Most banks charge 13-13.5% interest for fixed rate home loans. Axis Bank is aiming to woo customers uneasy over rising interest rates. The Reserve Bank of India (RBI) has raised policy rates 12 times since March 2010. The repo rate, or the rate at which banks borrow from the central bank, has since gone up by 350 basis points. "This is a pure...

Claire Danes sets up in 'Homeland'

It's "confusing" to talk about her character, CIA operations officer Carrie Mathison, because there's still so much to learn: Four episodes are left to shoot in Charlotte, and "these are not a casual four," says Danes, 32, who, sitting in the airy penthouse of the Hudson Hotel, has swapped Carrie's sensible pantsuits for something more akin to Danes' downtown homeland: black ice-pick-heeled stilettos and a sleeveless sheath from her "buddy," Narciso Rodriguez. "There's nothing casual about this show."Thanks to a tip gleaned from a tense meeting with an Iraqi prisoner, Agent Mathison suspects that a recently rescued eight-year American...

 
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