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Tata Motors, BOI ink pact to offer passenger vehicles loans
The scheme will offer a maximum of 90% financing on the total cost of the vehicle, which includes insurance and registration
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Housing, auto loans drive credit growth in September
Lending to major businesses witness sluggish demand
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Demand for retail loans increases from FY 17 to FY21
As of March 2021, two-wheeler loans had a portfolio outstanding of Rs 77,900 crores, growing at a rate of 10.6 % by value and 6.3 % by volume
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Consider these factors before opting for a used car loan
One can opt for used car loans at an attractive interest rate that comes with a repayment option up to a tenure of seven years
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Home and gold loans shine as personal loan portfolios shrink
After running on the fast track in the second half of the previous fiscal, auto loans have gone on a slow track
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Covid-19 second wave hits consumer credit demand sharply
Even customers in the low-risk tiers report downward momentum while consumer credit portfolios of non-PSBs see signs of stress, says RBI report
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Banks post 6.7% growth in personal loans in pandemic year
While housing loans picked up pace in the third quarter of 2020-21, education loans are yet to catch up
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How inflation determines interest rates and impacts your household finances
Our decision to hold cash or consume is influenced by a series of factors of which interest rates (& by extension inflation) are important factors
