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ZERO PERCENT LOANS
SBI posts record ₹80,000 crore profit; chairman says NIM has bottomed out, eyes 13–15% loan growth in FY27State Bank of India achieved a record profit exceeding ₹80,000 crore. Despite investor concerns over net interest income and margin, Chairm...
Hudco in talks with global development institutions to raise USD 1 bn by March: CMDHousing and Urban Development Corporation Ltd (Hudco) is in advanced talks with multilateral development banks like ADB and AIIB, as well a...
Understanding no-cost EMI and its implicationsNo Cost EMI, also known as zero cost EMI or interest-free EMI, is a financing option where the cost of a product can be converted into Equa...
What is the actual cost of 'No-cost EMI' you pay?The RBI in its circular in 2013 says that the concept of zero per cent interest is non-existent. Zero per cent interest schemes are just a ...
Higher SBI home loan interest rates from June 1; how much your loan EMIs will increaseUnder external benchmark based linked based loans, interest rates are examined and modified at least once every three months. As a result, ...
Why Congress allowed contract farming in Punjab, Vijay Rupani asksAddressing a gathering at Karamsad in Anand district as part of the BJP's campaign to create awareness about the contentious farm sector re...
Millennials taking personal loans to travel on the rise: ReportThe new generation of young Indians is now planning a holiday loan, just the way one plans investments.
Assam loan waiver scheme to benefit 19 lakh farmersAlready states including Madhya Pradesh, Chhattisgarh, Karnataka, Maharashtra, Uttar Pradesh and Punjab have announced loan waiver.
- Loan waiver for farmers in Assam
Assam cabinet on Monday decided to introduce interest relief scheme to farmers’ upto 4 percent.
Consider the fine print before taking a loanAlthough the intervention of technology has changed the way loans are being disbursed, what lacks is the practice of careful borrowing.
How much car loan you should takeState Bank and HDFC Bank are leaders in this segment, but there are many choices for the discerning customer to choose from.
Brands and retailers team up to offer 0% EMI schemesUnder the new arrangement, retailers and manufacturers will share the interest cost on such offers that were earlier taken on by banks and ...
Madhya Pradesh government gave Rs 9,000-crore farmer loans on zero percent interest in 2012Madhya Pradesh government provided Rs 9,000 crore in loans to 30 lakh farmers on zero percent interest rate in 2012.
- Future Capital Q3 net rises close to three times to Rs 28.91 cr
Private sector NBFC, Future Capital Holdings on Wednesday reported net profit of Rs 28.91 crore in the third quarter of current financial y...
- Yen rises despite central bank action
The yen gained ground Monday against the dollar and the euro despite action by the Bank of Japan to stem the rise of the currency.
- US banks keep check on lending standards
The Federal Reserve said US banks kept tightening lending standards for companies and consumers last quarter, reinforcing the central bank’...
- Chrysler US sales slide 55 per cent
Chrysler LLC reported on Tuesday a 55 per cent plunge in US sales in January from a year earlier, saying tight credit conditions worsened a...
- Nov auto sales sink to worst level since 1982
US auto sales plunged 37 percent in November to their worst level in more than 26 years, dashing expectations that this dismal year for veh...
- Nissan launches 0 pc financing deal on 5 models
Nissan Motor Co said Friday it will begin offering zero-percent financing for five of its top-selling vehicles starting next week as it see...
- How low can Fed go on interest rates?
Ratcheting its key rate from the current 1 percent all the way down to zero can't be ruled out. Stocks 52 Wk: Low | Only: Buyers, Sellers I...