INTEREST RATE
Home loan interest rates at historic low as SBI, Axis, Kotak Mahindra Bank announce festive offersAs part of its festive offer, the State Bank of India (SBI) has announced a concession in home loan interest rates by up to 25 bps. Accordi...
- How much home loan interest rates have fallen in last one year
With the festive season in full swing most top banks are offering concessionary rates on home loans along with waiver in processing fee to ...
- SBI announces festive season interest rate concession up to 25 bps on home loans: Check details here
SBI now offers interest rates starting as low as 6.90% for a home loan of up to Rs 30 lakh and 7% for above Rs 30 lakh. With SBI’s lowest i...
- Downing interest rate, at what cost?
In India, it is an accepted rule that when it comes to interest rates, they should always come down.
- RBI more accommodative than many central banks in the world: Raghuram Rajan
Underscoring the challenges for the central bank Rajan said, "I would say that let RBI do its job and they have a difficult job balancing s...
- Top personal loans interest rates
While taking this loan, the potential borrower is not required to provide collateral or security against the loan, unlike in a gold loan wh...
- Top gold loan interest rates
To meet a financial emergency requirement, an individual has various options. Some of these options include taking a loan or redeeming thei...
- Understanding the low FD interest rates regime and what should you do?
Bank Fixed Deposit (FD) rates have reduced considerably: from 8-10% per annum until a few years ago, interest rates offered on bank FDs tod...
- Post office schemes’ interest rates higher than bank FDs but look at these options too
Investors can consider options other than bank FDs as these are currently offering low rates of interest. However, keep in mind that bank F...
- PPF, NSC and other small savings scheme interest rates kept unchanged by govt
The finance ministry made this announcement via a circular dated September 30, 2020. As per the circular, the interest rate on small saving...
- SBI waives processing fees on loans via Yono app, offers home loan interest rate discount
According to the press release issued by the State Bank of India (SBI), it has announced various special festive offers on home loans for h...
- Muthoot Finance to raise Rs 2,000 crore through NCDs
The issue opens on October 27 and closes on November 20, the company said in a press release. The NCDs have been rated AA +ve by CRISIL and...
- Reduced interest rate on land dues to benefit homebuyers and developers: UP RERA
In the recommendation, UP RERA has said the dues should be recalculated as per the revised interest rate and 25% of it should be paid withi...
- SBI to pass on interest rate changes faster to home loan borrowers: Rates to be reset 6 monthly
The State Bank of India latest announcement will help the borrowers whose loans are linked to the marginal cost of lending rate (MCLR) to b...
- Green shoots visible in Bajaj Auto’s Q2 show: Key takeaways
The company blamed lower interest rates during the second quarter, which resulted in reduction of treasury income. The company also said it...
- Pricey haircuts seen messing up India’s retail inflation outlook
Services inflation surged to 4.8% in September from a year ago, compared with 4.4% in February before the coronavirus outbreak, according t...
- Match moratorium interest rate with deposit’s for the period of freeze: Industry
Appearing for the real estate sector, senior advocate C A Sundaram told a bench of Justices Ashok Bhushan, R S Reddy and M R Shah, “Even if...
- 5 credit mistakes that can haunt you
Mistakes that have long-running ripple effects hurt the most. A late payment, for example, can get sent to a collection agency, then perhap...
- HDFC Ltd slashes fixed deposit rates by 20 basis points
Financial planners point out that corporate deposit rates are on a downward trend in line with the general fall in rates in the system a...
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