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- SBI hikes home loan interest rates : Higher EMI or longer tenure ? Costs compared for ₹30 , ₹50 lakh and ₹1 crore loans
SBI raised its benchmark lending rates by 25 basis points effective 15 October 2026, lifting the EBLR to 8.15% from 7.90%, so home loan borrowers linked to these benchmarks face higher costs. Using a Bankbazaar illustration of a ₹50 lakh loan over 20 years at 8%, the EMI would rise from ₹41,822 to ₹42,603, an extra ₹781 per month if the rate reaches 8.25%. A ₹1 crore loan would see the EMI rise by about ₹1,563 and roughly ₹3.75 lakh more interest over 20 years. Keeping the EMI unchanged would extend the tenure to 21 years, adding about ₹4.96 lakh in interest on the ₹50 lakh loan.
- Home loan EMI: How much salary do you need for a ₹50 lakh, ₹75 lakh or ₹1 crore home?
The article outlines the monthly income needed to afford a home loan for properties priced at ₹50 lakh, ₹75 lakh or ₹1 crore, based on estimates from Gaurav Garg of Lemonn. Assuming a 20% down payment and a 20-year loan at an illustrative 8.5% interest rate, monthly EMIs would be about ₹34,700, ₹52,100 and ₹69,400 respectively. To keep EMI within 35–40% of take-home pay, buyers should ideally earn around ₹87,000–₹1 lakh for a ₹50 lakh home, ₹1.3–₹1.5 lakh for a ₹75 lakh home, and ₹1.74–₹2 lakh for a ₹1 crore home. These estimates assume no major existing loans, and buyers must also budget for stamp duty, registration, interiors, maintenance and emergencies. The article stresses that affordability means the EMI can be paid comfortably, not just that a loan is approved, and that even small rate differences can significantly change total repayment.
- Gold loan portfolio jumps 62 % to Rs 21 . 7 lakh crore in Q1FY27 ; Fresh lending moderates : JM Financials
Gold loan outstanding in India rose 62% year-on-year to Rs 21.7 lakh crore as of June 2026, according to JM Financial, making it the fastest-growing segment of retail credit. Fresh disbursements moderated: they reached Rs 8 lakh crore, up 31% year-on-year but down 27% from the previous quarter, while the number of loans fell 4% to 3.7 crore. The average ticket size rose 37% to about Rs 2.17 lakh, so growth was driven mainly by value. The share of loans above Rs 5 lakh fell to 38.2% of origination value, while public sector banks' share rose to about 49.2% from 40.1%. The report noted that higher gold prices supported the expansion but did not separately quantify their contribution.
- Stock Market Crash Today : Investors Lose Rs 5 Lakh Crore As Sensex , Nifty Plunge . What Went Wrong ?
Indian stock markets fell sharply on Monday, October 19, erasing the previous week's recovery and wiping out more than Rs 5 lakh crore in investor wealth. The BSE Sensex dropped over 1,000 points, or 1.4%, to an intraday low of 73,709, while the NSE Nifty 50 lost about 300 points. Major drivers included heavy selling in banking stocks after September-quarter results, with HDFC Bank, ICICI Bank and Axis Bank accounting for half of the Sensex's decline; Brent crude near $108-$109 per barrel amid tensions around the Strait of Hormuz; and foreign investors pulling out Rs 52,100 crore in October after Rs 35,861 crore in September. Midcap and smallcap stocks also fell.
- FPIs hit the sell button again : Rs 3 . 12 lakh crore exits Indian equities in 2026
Foreign portfolio investors have pulled Rs 52,100 crore from Indian equities so far in October, taking 2026 withdrawals to Rs 3.12 lakh crore, far above the Rs 1.66 lakh crore withdrawn in all of 2025. The October selling follows Rs 35,861 crore of outflows in September and is attributed to high crude prices, elevated US bond yields, a stronger dollar and the AI-led rally in North Asian markets. FPIs made a marginal net purchase on October 16, which analyst V K Vijayakumar says may be tactical, helped by the US 10-year yield easing to 5.08% and a firmer rupee. Selling concentrated in financial services and oil-related stocks, while consumer services attracted inflows. In the debt market, FPIs withdrew Rs 1,620 crore via the FAR route and Rs 772 crore via the VRR route in September, while the general route saw Rs 3,387 crore of investment.
- HDFC Bank reports 5 % increase in Q2FY27 standalone net profit at ₹19 , 510 crore
HDFC Bank reported a 5% year-on-year rise in standalone net profit for Q2FY27 to ₹19,510 crore, up from ₹18,641 crore a year earlier, as net interest income climbed 10% to ₹34,619 crore. Other income fell 4% to ₹13,831 crore, while provisions edged up 2% to ₹3,574 crore. Asset quality improved, with gross NPAs at 1.11% of gross advances (from 1.24%) and net NPAs at 0.37% of net advances (from 0.42%) as at September-end 2026. Total deposits grew 19% to ₹33,27,449 crore and advances rose 16% to ₹31,95,566 crore. Anup Bagchi, chief of ICICI Prudential Life Insurance, will take charge as MD & CEO for three years from October 27, 2026.
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CoreWeave shares fell more than 20% as of Oct. 16, driven mainly by concerns over debt and spending. The company carries about $35 billion in total debt against $5.5 billion in cash, with net interest payments reaching $640 million in the second quarter alone, unsecured bond yields approaching 15%, and an S&P rating of B+. Capital expenditure was just over $16 billion in the first half of 2026 and could reach $39 billion for the year, roughly triple its $12.4 to $13.2 billion revenue guidance. States are also weighing restrictions on data centers. On the positive side, second-quarter revenue rose 112% year over year and the backlog exceeded $104 billion. The author has reservations and sees the drop as an opportunity only for the most risk-tolerant investors, who might build a position slowly, while the company needs to prove it can convert its backlog efficiently and manage debt.
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