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RBI Keeps Repo Rate Unchanged At 6.5%: How It Affects Your Loan EMIs
The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) has decided to keep the repo rate unchanged at 6.5%, marking the 11th consecutive meeting where the key lending rate has remained the same.
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RBI Keeps Repo Rate Unchanged. What It Means For Your Loan EMIs
The Monetary Policy Committee (MPC) had its third bi-monthly policy meeting for the financial year 2024-25 from August 6 to August 8.
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RBI Keeps Key Lending Rate Unchanged: How It Affects Your Loan EMIs?
In its initial monetary policy review for the current financial year, the Reserve Bank of India (RBI) kept the repo rate unchanged at 6.5 % for the eighth consecutive time.
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RBI Stops Bajaj Finance From Giving Loans To E-Tailers, EMI Card Users
The Reserve Bank of India (RBI) in a statement today said that Bajaj Finance, an arm of Bajaj Finserv Ltd, should stop giving loans under its "two lending products eCOM and Insta EMI Card" immediately.
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For Personal Loans, RBI Issues New Norms With 2 Key Changes. See Details
The Reserve Bank on Friday asked banks to provide fixed interest rate option to individual borrowers and directed the lenders to levy only reasonable penalty charges in case of default in EMI payments.
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Banks Asked To Defer EMIs In Violence-Hit Manipur For Up To 12 Months
Banks in violence-hit Manipur have been told to extend the moratorium on loans up to 12 months, officials said today.
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Flipkart to Distribute Axis Bank Personal Loans of Up to Rs. 5 Lakh Amid RBI Concerns on Unsecured Lending
Walmart-owned Flipkart on Friday announced that it will be distributing Axis Bank's personal loans on the e-commerce platform. The platform, which has 450 million customers, will be distributing loans of up to Rs 5 lakh which can be repaid in up to three years, it said in a statement.
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Loan EMIs May Go Up As RBI Announces Sixth Straight Lending Rate Hike
RBI said that its policy stance remains focused on withdrawal of accomodation.
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Here's How To Get A Cheaper Home Loan Amid Rising Interest Rates
A higher interest rate would result in loans becoming costlier and the equated monthly instalments (EMIs) rising.
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RBI Repo Rate: Loans To Get Costlier As RBI Hikes Key Lending Rate To 3-Year High
RBI Repo Rate Hike: RBI's latest rate hike will weigh on already stretched household budgets as loans will get more expensive.
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Failed to Pay Home Loan EMIs? Here's What You Should Know
If the borrower fails to pay three consecutive EMIs the bank initiates legal action to recover the loan amount
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Applying For A Home Loan? 5 Things To Keep In Mind
If you are looking to buy a house using the home loan route, here are a few things to keep in mind.
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Loans To Get Costlier, SBI Raises Benchmark Lending Rates By Up To 0.5%
State Bank of India (SBI) on Monday raised its benchmark lending rates by up to 50 basis points (or 0.5 per cent), a move that will lead to an increase in EMIs for borrowers.
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Loans To Get Costlier As Banks Raise Lending Rates After RBI Hike
The equated monthly installments (EMIs) and borrowing costs on loans will get costlier as major Indian banks have raised their lending rates or will do so soon.
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EMIs To Rise As RBI Hikes Interest Rate Again
Home, auto and other loan EMIs are set to rise further after RBI on Friday raised the key interest rate by 50 basis points, the third straight increase since May in an effort to cool stubbornly high inflation.
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RBI Keeps Repo Rate Unchanged At 6.5%: How It Affects Your Loan EMIs
The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) has decided to keep the repo rate unchanged at 6.5%, marking the 11th consecutive meeting where the key lending rate has remained the same.
-
RBI Keeps Repo Rate Unchanged. What It Means For Your Loan EMIs
The Monetary Policy Committee (MPC) had its third bi-monthly policy meeting for the financial year 2024-25 from August 6 to August 8.
-
RBI Keeps Key Lending Rate Unchanged: How It Affects Your Loan EMIs?
In its initial monetary policy review for the current financial year, the Reserve Bank of India (RBI) kept the repo rate unchanged at 6.5 % for the eighth consecutive time.
-
RBI Stops Bajaj Finance From Giving Loans To E-Tailers, EMI Card Users
The Reserve Bank of India (RBI) in a statement today said that Bajaj Finance, an arm of Bajaj Finserv Ltd, should stop giving loans under its "two lending products eCOM and Insta EMI Card" immediately.
-
For Personal Loans, RBI Issues New Norms With 2 Key Changes. See Details
The Reserve Bank on Friday asked banks to provide fixed interest rate option to individual borrowers and directed the lenders to levy only reasonable penalty charges in case of default in EMI payments.
-
Banks Asked To Defer EMIs In Violence-Hit Manipur For Up To 12 Months
Banks in violence-hit Manipur have been told to extend the moratorium on loans up to 12 months, officials said today.
-
Flipkart to Distribute Axis Bank Personal Loans of Up to Rs. 5 Lakh Amid RBI Concerns on Unsecured Lending
Walmart-owned Flipkart on Friday announced that it will be distributing Axis Bank's personal loans on the e-commerce platform. The platform, which has 450 million customers, will be distributing loans of up to Rs 5 lakh which can be repaid in up to three years, it said in a statement.
-
Loan EMIs May Go Up As RBI Announces Sixth Straight Lending Rate Hike
RBI said that its policy stance remains focused on withdrawal of accomodation.
-
Here's How To Get A Cheaper Home Loan Amid Rising Interest Rates
A higher interest rate would result in loans becoming costlier and the equated monthly instalments (EMIs) rising.
-
RBI Repo Rate: Loans To Get Costlier As RBI Hikes Key Lending Rate To 3-Year High
RBI Repo Rate Hike: RBI's latest rate hike will weigh on already stretched household budgets as loans will get more expensive.
-
Failed to Pay Home Loan EMIs? Here's What You Should Know
If the borrower fails to pay three consecutive EMIs the bank initiates legal action to recover the loan amount
-
Applying For A Home Loan? 5 Things To Keep In Mind
If you are looking to buy a house using the home loan route, here are a few things to keep in mind.
-
Loans To Get Costlier, SBI Raises Benchmark Lending Rates By Up To 0.5%
State Bank of India (SBI) on Monday raised its benchmark lending rates by up to 50 basis points (or 0.5 per cent), a move that will lead to an increase in EMIs for borrowers.
-
Loans To Get Costlier As Banks Raise Lending Rates After RBI Hike
The equated monthly installments (EMIs) and borrowing costs on loans will get costlier as major Indian banks have raised their lending rates or will do so soon.
-
EMIs To Rise As RBI Hikes Interest Rate Again
Home, auto and other loan EMIs are set to rise further after RBI on Friday raised the key interest rate by 50 basis points, the third straight increase since May in an effort to cool stubbornly high inflation.
