INTEREST RATES
75% of borrowers to benefit from interest concession: CRISILThe benefit will be extended to borrowers with outstanding loans (standard as on February 29, 2020) of less than Rs 2 crore under select ca...
- Credit card users to gain more from ‘interest on interest’ waiver
The point to note, a public sector bank official said, is that the government’s proposal waives interest on interest during the moratorium,...
- Muthoot Finance NCD raises Rs 2,967 crore on day 1
Investors who put in applications for more than Rs 10 lakhs are defined as HNIs, with this category of investors putting in applications wo...
- Oman flips back to spot discount to Dubai as Asia's buying interest cools
The Oman differential fell to a discount of 13 cents a barrel at the Singapore market's close, down from a premium of 20 cents a barrel at ...
- 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...
- Home loan interest rates at historic low as SBI, Axis, Kotak Mahindra Bank announce festive offers
As 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...
- Centre’s decision to waive interest on interest could cost Rs 7,000 crore
In its affidavit, the finance ministry said the government has decided to maintain its tradition of handholding small borrowers and bear th...
- Banks relieved as govt will foot bill for interest waiver
The government’s proposal to pick up the tab for the waiver of 'interest on interest' on loans of up to Rs 2 crore clears the uncertainty o...
- 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...
- 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...
- 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...
- Rate cuts could soon be back on MPC table
Governor Shaktikanta Das said that the rise in prices is due to supply side shocks caused by lockdowns and restrictions in movements across...
- 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...
- MahaRERA directs homebuyer to pay interest to developer for delay in payment
This is in contrast to usual directives from the authority to developers to pay penalty for delayed possession to a homebuyer.
- Centre ready to waive interest on interest during moratorium
In its affidavit, the finance ministry said the government has decided to maintain its tradition of handholding small borrowers and bear th...
- 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...
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