Thu, Jan 31, 2019
Budget 2019: Government has hiked small saving schemes interest rate quite impressively, which makes them a better option for investment than what banks are offering.
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Tue, Dec 18, 2018
In its December 2018 policy, RBI firmly said Prime Lending Rate (PLR), Benchmark Prime Lending Rate (BPLR), Base rate and Marginal Cost of Funds based Lending Rate (MCLR) will be replaced by an external benchmark from April 2019.
Fri, Dec 14, 2018
Fri, Dec 07, 2018
Wed, Dec 05, 2018
In fact, one should definitely pray that RBI chooses to put a status quo in this policy, as data reveals that home loans, auto loans and personal loans are already expensive due to rise in MCLR rates since March 2018.
Fri, Jan 27, 2017
According to Fitch, small auto loan borrowers have been affected the most but that would not impact credit ratings as there are sufficient external credit enhancement to cover the likely short-term impact on the lenders rated by it.
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