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AUTO LOAN HYPOTHECATION
Repaid your car loan but unable to sell? Your vehicle may still be marked as hypothecated to the bank; you need to do this nowPaying your final car loan EMI doesn't automatically make the vehicle legally yours. Hypothecation, where the bank's name appears on your r...
Word of the Day: Hypothecation — here’s today’s word meaning, usage, and real-world applicationsWord of the Day: Hypothecation — Hypothecation is a key financial term every borrower and investor should understand today. It means pledgi...
Why Kunal Shah’s Cred is betting on secured loan productsKunal Shah-promoted fintech has conducted market study and spoken with lending partners, but it is still early days, say sources. Unlike co...
HSBC India teams up with Tata Motors for EV financing solutionsHSBC India has collaborated with Tata Motors to provide loans to the corporate sector employees for buying electric vehicles (EVs). The dea...
How to get the best resale price for your carSome simple tips can help you get a better deal when your sell your vehicle.
Why the economy needs a low interest rate regimeFor credit markets to revive again and for lending to expand as needed, we need a low interest rate regime. This cycle will peak and correc...
What Lakshmi Vilas Bank account customers should do post imposition of moratorium?If you are a customer of LVB, you would be understandably worried about the future of the bank and more importantly, your own money in the ...
How to get a loan to buy a pre-owned carMost banks and non-banking financial companies (NBFC) offer loans to buy pre-owned/used cars. The terms and conditions and charges vary fro...
Loan fraud case: No wrongdoings found in functioning of Carnation Auto by bankers, says ex-Maruti chief KhattarKhattar, who has been booked by the Central Bureau of Investigation (CBI) for an alleged bank loan fraud of Rs 110 crore, said no lapses in...
- NBFCs go on an overdrive as economy rebounds
The NBFCs have witnessed a recovery in growth since the second quarter of this year, primarily due to improved sale of cars, multi-utility ...
- Banks may charge higher booking rates for Nano
Banks may charge a differential rate for providing booking finance for the Nano with interest rates on booking finance being higher than au...
- ICICI to take a relook at its used car financing business
ICICI Bank is re-examining its used car financing business model. The bank has stopped giving credit limits to its direct selling agents (D...
- ICICI to take a relook at its used car financing business
ICICI Bank is re-examining its used car financing business model. The bank has stopped giving credit limits to its direct selling agents (D...