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RBI's Big Relief For Home, Auto Loan Takers With Choice Over Interest Type
The Reserve Bank today said it will come out with a framework allowing borrowers to switch to fixed interest rate from floating interest rate, a move that would provide relief to borrowers of home, auto and other loans reeling under the impact of high interest rate.
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RBI's Big Relief For Home, Auto Loan Takers With Choice Over Interest Type
The Reserve Bank today said it will come out with a framework allowing borrowers to switch to fixed interest rate from floating interest rate, a move that would provide relief to borrowers of home, auto and other loans reeling under the impact of high interest rate.
-
RBI's Big Relief For Home, Auto Loan Takers With Choice Over Interest Type
The Reserve Bank today said it will come out with a framework allowing borrowers to switch to fixed interest rate from floating interest rate, a move that would provide relief to borrowers of home, auto and other loans reeling under the impact of high interest rate.
-
Home, Auto Loans To Become Cheaper As RBI Cuts Rate By 0.25%
Unveiling the first bi-monthly monetary policy for the current fiscal, RBI Governor Raghuram Rajan said banks have already cut interest rates by 0.25-0.5 per cent and after today's rate cut borrowings will become cheaper further.
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Seven Clauses in a Loan Agreement That You Should be Watchful Of
After having researched for a suitable lending partner, most investors exhibit haste at this point to get their loan disbursed and skip past the details of the loan agreement.
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Five Factors That Impact Your Cibil Score
In order to obtain a good Cibil score you need to maintain a good credit history, the details of which will show up in your Cibil report. The Cibil score can therefore be compared to a grade or a rank based on how you have been servicing your credit.
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Corporation Bank cuts lending rates on home, auto loans
The bank offers home loans of up to Rs 50 lakh at base rate of 10.25 per cent for all tenors. For loans of above Rs 50 lakh, the interest rate is 10.50 per cent.
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Here's why your auto, home loans may get cheaper
Reserve Bank of India Governor Raghuram Rajan, who will present his maiden policy on September 20, held discussions yesterday with Prime Minister Manmohan Singh and Finance Minister P Chidambaram on the macro-economic situation.
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Home, auto loans to get costlier as ICICI, HDFC raise rates
The bank also effected a similar hike in its prime lending rate, which is applicable to existing customers on floating rates, ICICI Bank said in a statement.
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Loan EMIs unlikely to go down after CRR cut
Interest rates on retail loans are unlikely to go down despite the Reserve Bank's decision to cut cash reserve ratio today. CRR is the amount of deposits that lenders must keep with the central bank. The RBI cut the cash reserve ratio by 25 basis points (0.25 per cent) to 4.25 per cent freeing up about Rs 17,500 crore into the banking system.
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SBI cuts home loan rates by up to 0.60%, auto loans by 0.50%
India's largest bank State Bank of India on Wednesday cut home and auto loan rates.
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RBI repo rate cut to make auto, home loan EMIs cheaper
EMIs for car, auto and personal loan borrowers will come down as the RBI cut repo rate by 0.5 per cent
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Punjab & Sind Bank cuts home, auto loan rates after RBI’s repo rate cut
After RBI cut repo rate in its monetary policy, Punjab & Sind Bank (PSB) announced a cut in home and auto loans for new borrowers by up to 0.75 per cent.
-
RBI's Big Relief For Home, Auto Loan Takers With Choice Over Interest Type
The Reserve Bank today said it will come out with a framework allowing borrowers to switch to fixed interest rate from floating interest rate, a move that would provide relief to borrowers of home, auto and other loans reeling under the impact of high interest rate.
-
RBI's Big Relief For Home, Auto Loan Takers With Choice Over Interest Type
The Reserve Bank today said it will come out with a framework allowing borrowers to switch to fixed interest rate from floating interest rate, a move that would provide relief to borrowers of home, auto and other loans reeling under the impact of high interest rate.
-
RBI's Big Relief For Home, Auto Loan Takers With Choice Over Interest Type
The Reserve Bank today said it will come out with a framework allowing borrowers to switch to fixed interest rate from floating interest rate, a move that would provide relief to borrowers of home, auto and other loans reeling under the impact of high interest rate.
-
Home, Auto Loans To Become Cheaper As RBI Cuts Rate By 0.25%
Unveiling the first bi-monthly monetary policy for the current fiscal, RBI Governor Raghuram Rajan said banks have already cut interest rates by 0.25-0.5 per cent and after today's rate cut borrowings will become cheaper further.
-
Seven Clauses in a Loan Agreement That You Should be Watchful Of
After having researched for a suitable lending partner, most investors exhibit haste at this point to get their loan disbursed and skip past the details of the loan agreement.
-
Five Factors That Impact Your Cibil Score
In order to obtain a good Cibil score you need to maintain a good credit history, the details of which will show up in your Cibil report. The Cibil score can therefore be compared to a grade or a rank based on how you have been servicing your credit.
-
Corporation Bank cuts lending rates on home, auto loans
The bank offers home loans of up to Rs 50 lakh at base rate of 10.25 per cent for all tenors. For loans of above Rs 50 lakh, the interest rate is 10.50 per cent.
-
Here's why your auto, home loans may get cheaper
Reserve Bank of India Governor Raghuram Rajan, who will present his maiden policy on September 20, held discussions yesterday with Prime Minister Manmohan Singh and Finance Minister P Chidambaram on the macro-economic situation.
-
Home, auto loans to get costlier as ICICI, HDFC raise rates
The bank also effected a similar hike in its prime lending rate, which is applicable to existing customers on floating rates, ICICI Bank said in a statement.
-
Loan EMIs unlikely to go down after CRR cut
Interest rates on retail loans are unlikely to go down despite the Reserve Bank's decision to cut cash reserve ratio today. CRR is the amount of deposits that lenders must keep with the central bank. The RBI cut the cash reserve ratio by 25 basis points (0.25 per cent) to 4.25 per cent freeing up about Rs 17,500 crore into the banking system.
-
SBI cuts home loan rates by up to 0.60%, auto loans by 0.50%
India's largest bank State Bank of India on Wednesday cut home and auto loan rates.
-
RBI repo rate cut to make auto, home loan EMIs cheaper
EMIs for car, auto and personal loan borrowers will come down as the RBI cut repo rate by 0.5 per cent
-
Punjab & Sind Bank cuts home, auto loan rates after RBI’s repo rate cut
After RBI cut repo rate in its monetary policy, Punjab & Sind Bank (PSB) announced a cut in home and auto loans for new borrowers by up to 0.75 per cent.
