Category: Loan

Air India to raise ₹2,500 crore via short-term loan to repay vendors

Debt-laden Air India Ltd plans to raise up to ₹2,500 crore through a short-term loan (STL) from domestic lenders by the end of…

Best home loan: How to maximise benefits in new interest rate regime

On October 1, all banks shifted to the Reserve Bank of India (RBI) mandated external benchmarks for pricing their new home loans. While banks…

4 Steps To Choosing The Best Home Loan Option After External Benchmarking

For better transmission of key monetary policy rates to end borrowers, the RBI with effect from October 1, 2019 has…

Home loan EMIs to fall as RBI cuts repo rate for fifth time this year

The Reserve Bank of India today cut its benchmark lending rates by 25 basis points, taking its cumulative repo rate…

Banks to launch first phase of customer outreach loan initiative on Oct 3

NEW DELHI: The state-owned banks and several private sector financial entities are gearing up to launch first phase of ‘customer outreach initiative’…

Soon, you will be able to track your loan application status online

You will soon be able to track the status of your loan applications online. Recently, finance minister Nirmala Sitharaman announced the launch…

Home, auto floating loan rates to fall

HYDERABAD: Banking customers will soon witness first-hand what they have known all along. That pain and gain goes hand-in-hand.Next month,…

Here’s why you must avoid rental deposit loans

. There are personal loans available for a whole host of customer requirements. Now, Millennials and mid-age consumers take personal…

SBI’s repo-linked home loan rates down to 8.05% from today; EMIs to follow suit

The State Bank of India (SBI) became the first bank in India to link its short-term loans and large savings…

Switching to repo-linked home loans? Here’s what you should know

A nudge from the Reserve Bank of India (RBI) has resulted in several public sector banks linking their home loans…