-
Borrowers get option to opt for fixed rate
Several consumer grievances have been received on EMI tenure getting longer after the revision in floating rates
-
When UPI meets voice command
Soon you will be able to make payments through UPI, just by voice
-
Banks begin provisioning for wage hike
The finance ministry has asked the Indian Banks' Association to initiate discussions on wage settlement and complete the settlement by December 1, 202
-
Three more banks raise lending rates
Three more banks have raised the MCLR which will lead to higher EMIs by customers
-
Vegetables add to RBI worry on inflation
RBI said the uneven monsoon is a cause for concern and can adversely impact inflation
-
Borrowers can shift to fixed interest rates
Reserve Bank Governor Shaktikanta Das said the lenders will have to clearly communicate with the borrowers about tenor and EMI
-
Club fraud and willful defaulters
On the other hand, wilful default indicates non-payment of the borrower even when he/she could make the committed payments. It is often found that the
-
Why do farm loan figure look fishy
It seems that the number of farm loan accounts are much more than the farmer families. In some states, the number of farm loan accounts are much highe
-
HDFC Bank loans to get costlier
According to HDFC Bank Banksite, the Marginal Cost of Funds-Based Lending Rate or MCLR is the minimum interest rate below which no financial instituti
-
MPC expected to keep key rates unchanged
The MPC’s tone may have strong focus on inflation management, given the sustained high prices of vegetables
