Aug 8, 2024:The Reserve Bank of India (RBI), on expected lines, kept its key interest rates unchanged at 6.5%. This, say real estate experts, augurs well for both homebuyers and developers, as this would ensure home loans remain steady and borrowing costs don’t move up. Rea...
If the repo rate is cut to6.25% from 6.50%, external benchmark lending rates (EBLRs) linked to the repo rate willdecrease by 25 bps. Loan EMIs for home, car, and personal loans will becomecheaper. Interest rates on loans linked to themarginal cost of fu...
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Aravind. KJ. RaniIJCRT(www.ijcrt.org)
2. India has succeeded in bringing the rate of extreme poverty below 3% of its population, according to data from the World Poverty Clock. The percentage of the population living in extreme poverty has decreased from 3.3% in 2022 to 2.4% in 2024. ...
s board approved providing DLG loans inOctober 2024, it explained that the DLG segment leads to higher revenue throughout the loan’s lifecycle because the company factors in all the costs of the DLG upfront while most of the revenue from the loan (primarily interest income) comes in later....
It has features such as higher interest rate on account balances through the Flexi Fixed Deposit facility, and concessional rate of interest on retail loans. Its other features are the bob World Opulence Visa Infinite Debit Card (Metal Edition) and a lifetime-free Eterna Credit Card (subject to...
Frame standard protocol for vehicle seizure in case of loan default: RBI to Banks 19-11-2024 GSTR 2B input tax issue: A new advisory by GSTN on how to fix it for FY 2023-24 RBI Governor Shaktikanta Das likely to get extension, announcement expected after Maharashtra Election ...
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3. What is the interest rate for the loans offered? 4. Can I get a loan if I have a low CIBIL score? 5. What is the typical time frame for loan approval? 6. Can I use a loan for any purpose? 7. Is there a prepayment penalty for loans?