Loan against mutual fund units may be better in case of any urgency because of lower interest rates compared to personal loans....
The borrowers face the risk of losing the ownership over the mortgaged property in case of defaults on loan against property. If...
RBI says that at the time of reset of interest rates, lenders should provide an option to borrowers to switch over to...
Union Cabinet on Wednesday approved the Pradhan Mantri Vishwakarma Scheme and the budgetary outlay of ₹13,000 crore, a day after Prime Minister Narendra...
The Union Bank of India has started investigating the loan it sanctioned to Reliance Communications (RCom), the company revealed in it’s regulatory...
SBI News: Several State Bank of India (SBI) customers have recently complained of facing difficulty in making EMI payments. SBI News: Several...
The repo rate was last raised by the RBI in February and stands at 6.5 per cent presently. Repo rate or repurchasing...
HDFC Bank raises MCLR rates by up to 15 basis points, effective August 7, 2023. New Delhi: HDFC Bank has raised its benchmark...
The credit limit is usually in the range of 70–95 per cent of the deposit amount. In times of financial urgency, we...
When repo rate increases, it is more expensive for banks to borrow money, and they typically pass the cost on to borrowers...