ICICI Bank offers low EMIs for Selected Home Loan Customers

ICICI Bank has offered to lower the Equated Monthly Installments (EMIs) for a large number of its borrowers by enhancing the tenure of their home loans. Borrowers with a good track record have been given this option. Borrowers also have the option to pay the EMI that they have been paying and not opt for a longer tenure.

» Bank of Baroda, UAE real estate firm sign MoU
Bank of Baroda has signed a Memorandum of Understanding (MoU) with Dubai-based real estate company Dubai Properties for financing buyers of the latter’s products in the United Arab Emirates (UAE). Bank of Baroda is the only Indian bank offering full-fledged banking services in the UAE.

»Dewan Housing Q4 net up by 12%
Dewan Housing Finance Corporation reported 11.78% rise in net profit to Rs 29.44 crore compared with Rs 13.51 crore during the corresponding period last year. The company’s income went up 45.4% to Rs 148.02 crore during January-March 2008 as against Rs 101.80 crore during the same period last year.