SEARCHED FOR:INTEREST RATE
Downing interest rate, at what cost?
In India, it is an accepted rule that when it comes to interest rates, they should always come down.
Top personal loans interest rates
While taking this loan, the potential borrower is not required to provide collateral or security against th...
Understanding the low FD interest rates regime and what should you do?
Bank Fixed Deposit (FD) rates have reduced considerably: from 8-10% pe...
Top gold loan interest rates
To meet the financial emergency requirement, an individual has various options. Some of these options include taking a loan or redeeming their investments. One such option includes taking a gold loan. Here are the interest rate charged by a bank/NBFC on gold loans.
Reduced interest rate on land dues to benefit homebuyers and developers: UP RERA
In the recommendation, UP RERA has said the dues should be recalculated as per the revised interest rate and 25% of it should be paid within three months and entire payment should be made within a year. This will also benefit state-run NBCC.
SBI to pass on interest rate changes faster to home loan borrowers: Rates to be reset 6 monthly
The State Bank of India latest announcement will help the borrowers whose loans are linked to the marginal cost of lending rate (MCLR) to be able to benefit from the future policy rate cuts from the Reserve Bank of India (RBI) faster.
Too much tax, high interest rates biggest hurdles for growth of auto industry: Force Motors
The Pune-based company, which makes commercial vehicles under the Traveller brand and utility vehicle Trax, besides a range of tractors, said the situation calls for a very detailed and thorough reform.
Match moratorium interest rate with deposit’s for the period of freeze: Industry
Appearing for the real estate sector, senior advocate C A Sundaram told a bench of Justices Ashok Bhushan, R S Reddy and M R Shah, “Even if the interest is not waived, then it must be reduced to the rate at which banks are paying interest on deposits. The industry is in dire straits and loans taken by it would soon turn into NPAs (nonperforming assets).”
Hide and seek over bond yield as inflation holds sway over interest rate
Even after RBI announced a series of measures, investors remain disinterested as most of the primary auction purchases worth Rs 6 lakh crore in the current financial of the year are now in losses.
Interest rates transmission improved during 2019-20, according to RBI report
This was catalysed by the mandated linking of the interest rates on new loans to certain sectors such as personal and micro, small and medium enterprises (MSME), effective October 2019, to an external benchmark, the Reserve Bank said in its annual report.
North Eastern Development Finance Corporation Ltd announces new Interest Rate Structure
NEDFi added that the new Interest Rate Structure will be called External Benchmark Rate (EBR) and henceforth, all new loans above Rs.100 lakh sanctioned by the Corporation will be linked to EBR. Presently the EBR, linked with SBI’s 1-year MCLR is 7% and a spread of 0 to 6% shall be charged over and above the EBR depending on the credit rating as well as other viability parameters of the project.
More rate cut? Wait, sub-3.5% interest rate to shrink economy
Policy rates cannot dip below a threshold, beyond which a rate cut could be counter-productive and lead to an economic contraction rather than stimulating it, according to a research report by SBI economists.They further said that lowering policy rates below 3.
Don’t take a home loan because interest rates are low; ask yourself these 8 questions first
Don’t take a home loan just because interest rates are low, especially in the Covid-induced uncertainty. Before you borrow and take on debt that can later go on to take the form of a debt trap, ask yourself these eight questions.
Loans at right interest rates is key to success of Atma Nirbhar Bharat: KV Kamath
"India has a high cost of debt due to tight correlation between interest rate and inflation. I would think that in a growing economy, there ...
Consider lending to auto component industry at same interest rates as priority sector: ACMA
"Considering the average asset life in the industry to be around 10 years, we recommend the committee to enhance the 'Total Debt/EBITDA ratio' to 6 times from the current 4.5 times, the premise of repaying loans in 4.5 years for assets that will last over double the time needs to be reconsidered," ACMA President Deepak Jain said in a statement.