Wed, Dec 11, 2024
Thinking of taking a car loan? Hold on! While it's common knowledge that you pay a down payment and the bank finances the rest, the loan repayment period can extend up to seven years. However, the loan tenure you choose directly affects the interest rate, making it crucial to carefully evaluate this before applying. In this video, we'll discuss the top 5 tips to help you avoid wasting your hard-earned money by rushing through the car loan process.
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Tue, Dec 10, 2024
The gross non-performing assets of public sector banks (PSBs) stood at Rs 3.16 lakh crore as of September 30, which is 3.09 per cent of the outstanding loans, Parliament was informed on Tuesday.
Fri, Jun 07, 2024
RBI Monetary Policy: Customer interest is top priority for RBI. Need to think about the difference between credit-deposit growth. Interest rates on small amount loans are very high – RBI Governor Shaktikanta Das.
Wed, Jan 06, 2021
Are you in need of any personal loan? Want to avail the amount instantly? Here is a good news for you!
Mon, Dec 21, 2020
Did you know that you can apply online and get the approval of loans up to Rs 1 crore in just 59 minutes? Yes, you read it right!
Wed, Dec 09, 2020
Loan EMI Moratorium Latest News Today: It's an important development for those who have taken loans.
Wed, Dec 02, 2020
It's good news in terms of instant microloans for those MSMEs that are unable to access financial services from traditional banking players.
Sun, Nov 29, 2020
In a major development in Loan EMI Moratorium matter, the Supreme Court has directed the government to ensure that all steps be taken to implement its decision to forego interest on 8 specified categories of loans paid upto Rs 2 crore in view of the coronavirus pandemic.
Tue, Nov 24, 2020
Fintech firm, Decimal Technologies, has announced the launch of Saarathi, one-of-a-kind lending marketplace, specializing in digital transformation of loan files.
Mon, Nov 23, 2020
The users can avail of Paytm's buy now and pay later facility for a wide range of products and services at more than 5 lakh plus shops and websites.
Sat, Nov 21, 2020
With the revival in consumer demand and the global trend of ‘Buy Now Pay Later’, Mswipe has launched Brand EMI as a value added service which enables merchants to offer zero interest EMI financing from Brands in less than 15 seconds.
Wed, Nov 04, 2020
Bank loan moratorium interest on interest waiver: Banks have started refunding borrowers the compound interest charged on specified loan accounts during the moratorium period.
Mon, Nov 02, 2020
In a major decision, the Modi government has extended the Emergency Credit Line Guarantee Scheme (ECLGS) by one month till November 30th, 2020, or till such time that an amount of Rs. 3 lakh crore is sanctioned under the Scheme, whichever is earlier.
Sun, Nov 01, 2020
Bank of Baroda, India's third largest public sector bank, announced a reduction in Baroda Repo Linked Lending Rate (BRLLR) from seven per cent to 6.85 per cent.
Wed, Oct 28, 2020
In a major development, India’s largest commercial bank, State Bank of India (SBI) has signed a loan agreement amounting to up to USD 1 billion with JBIC.
Wed, Oct 21, 2020
Kotak Mahindra Group (Kotak) has flagged-off this year’s festive season celebrations by announcing the launch of the 2020 edition of Khushi Ka Season.
Tue, Sep 22, 2020
The country's largest lender State Bank of India (SBI) has said that it has launched a facility on its website to help retail customers check their eligibility for one-time loan restructuring announced by the RBI.
Mon, Sep 21, 2020
As per directives of RBI and with an aim to provide relief to its retail borrowers from the adverse impact of COVID-19, India's largest lender State Bank of India (SBI) has come out with a Restructuring Policy.
Mon, Sep 14, 2020
In a major development, Central Bank of India has reduced its 1-year MCLR from 7.15% to 7.10% and also reduces MCLR of other tenors by 5 bps w.e.f. 15th September 2020.
Sun, Sep 13, 2020
Union Bank of India has announced reduction in Marginal Cost of Funds- based Lending rate (MCLR) by 5 basis points across all tenors.
Tue, Sep 08, 2020
Are you running a small business? Struggling to get a business loan? Now, you can borrow money instantly with Razorpay’s ‘Cash Advance’ Credit Line.
Wed, Sep 02, 2020
The country's second largest lender Punjab National Bank (PNB) has hiked its repo-linked lending rate (RLLR) by 15 basis points (bps) to 6.80 per cent.
Tue, Sep 01, 2020
The bench said that it would hear on Wednesday the pleas which have raised the issue of interest being charged on instalments which have been deferred under the central bank's scheme during the moratorium period amid the COVID-19 lockdown.
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