Reset of Floating Interest Rate on Equated Monthly Instalments (EMI) based Personal Loans' --FAQs you need to check.

The RBI's recent FAQs clarify whether borrowers can switch between fixed and floating interest rates on EMI-based personal ...

In its latest guidelines, the RBI instructs banks to give borrowers the option to change floating rates to fixed rates on ...

Lenders are required to offer fixed interest rate options for all personal loan categories such as home loan, car loan etc. and allow borrowers to switch between floating and fixed rates, with ...

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The RBI on Friday issued a set of FAQs to clarify its circular on 'Reset of Floating Interest Rate on Equated Monthly Instalments (EMI) based Personal Loans. The circular will be applicable to the ...

Households are set to make big calls about their mortgages this year, as they weigh up their options amid falling interest ...

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Volatility in global money markets may be eroding the confidence those with mortgages had late last year, as aggressive ...

The RBI introduces new options for borrowers to manage personal loans effectively, allowing switches between fixed and ...