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Personal loan: It is not unusual to borrow loan and wanting to repay it before its tenure is about to conclude. It could happen when your salary increases during the loan tenure or there is a windfall ...
As firms scale, they typically turn to banks to fund working capital, machinery and wage bills. In this cycle, Ambit expects MSME-linked loan growth to accelerate across the banking system.
Intermediation cost refers to the cost of running the banking business—the expenses banks incur to mobilise deposits, extend ...
Major lenders are lowering their loan rates, providing immediate relief to existing borrowers and improving the outlook for ...
Several leading banks in India have reduced their lending rates for home and vehicle loans following the Reserve Bank of ...
Home loan borrowers can expect lower EMIs as major banks like HDFC Bank, Punjab National Bank, and Bank of India have reduced lending rates. This follows the RBI's repo rate cut last week. Customers ...
While MCLR-linked loans are also expected to move in line with repo rate changes, the adjustments are not always equal. So, even if the RBI cuts the repo rate by 25 basis points, your loan rate may ...
Based Lending Rate (RBLR) by 25 basis points to 8.1%, following the RBI’s decision to cut the benchmark repo rate on Friday.
No-cost EMI has exploded in popularity across India, but experts say most consumers misunderstand how it actually works. Marketed as a zero-interest deal, the scheme often hides costs that buyers ...
No more bank visits or RTO queues — repay your vehicle loan and get your updated RC in just two hours through NIC’s new ...
The Noida unit of the Uttar Pradesh Special Task Force (STF) busted a Rs 100-crore interstate loan fraud racket, officers ...