r = It is the interest rate per month. The lowest rate by SBI on housing loan is 8.75%. It is linked to the bank’s 1 Year MCLR (8.55%). n = It depicts tenure in months. Tenure for SBI can extend to 360 months. SBI EMI Calculator by Loanbaba The home loan EMI calculator SBI...
With business loans, interest rates depend on the amount. Higher loan amounts attract a lower interest rate and vice-versa. Loan tenure is 1 year to 4 years. Interest rate currently is up to 16.30% as per records in April 2018. Interest rates are also influenced by the tenure of loan....
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2. Wholesale inflation remained in the negative for the fourth continuous month in July 2023. 3. AU Small Finance Bank has claimed to be India’s first bank to provide 24X7 video banking facility for 365 days. 4. Factory output growth reached to 3-month low level of 3.7% in June 2023....
4. ‘Health Saathi Plan’ has been launched by Paytm at just ₹35 per month. One97 Communications Limited, which owns the Paytm brand, has announced the launch of 'Paytm Health Saathi'. It is an exclusive health and income protection plan for its merchant partners. It is available on th...
Services sector contributes over 53 per cent in Gross Value Added (GVA). The inflation of input costs decreased, and service prices increased at the slowest rate in 24 months. The service industry as a whole saw an increase in commercial activity, according to the survey. ...
As per the survey, Infant Mortality Rate (IMR), Under Five mortality rate (U5MR) and neonatal Mortality Rate (NMR) have shown a steady decline. Since January 2022, Credit to Micro, Small and Medium Enterprises (MSMEs) has grown by an average of around 30%. ...
It stipulates that any decrease in the input tax credit or the rate of tax on the supply of goods or services must be transferred to the recipient in the form of a corresponding drop in price. In the past, complaints were supposed to be sent to the NAA. The Competition Commission of In...
7. Per transaction limit for UPI Lite has been increased by RBI to 500 rupees. 8. RBI has decided to keep the repo rate unchanged for the third time in a row. 9. NPG under the PM’s Gati Shakti Mission has recommended three projects each proposed by the Ministries of Railways and Roa...