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Britsh bank cuts home loan balance transfer rates to 6.45%
Public sector banks and financial institutions will own 51% stake, while private sector lenders will hold 49% stake in NARCL
RBI's latest rule to be implemented from October 1 will impact the debit part of ECS and is limited to debit card and credit card transactions.
Interest on home loans is now at a historic low and gradually stoking demand in the realty sectorm which is crucial for the economy.
All SFBs come under strict RBI guidelines and are monitored by the central bank like any other big commercial bank.
Around 50-60% of recurring transactions may fail as automatic clearance has come to an end.
SBI car loan: State Bank of India has exclusive automobile offers for customers on applying for a car loan through YONO.
Some big commercial lenders offer exclusive facilities only for digital savings account holders.
Allahabad Bank was merged with Indian Bank while Oriental Bank of Commerce and United Bank of India have been amalgamated into Punjab National Bank
Fixed deposit rates: Axis Bank and Kotak Mahindra Bank have revised interest rates on fixed deposits.