VIDEOCON LOAN CASE
How to get better interest rate on a personal loan
It may happen that despite a lender giving you a personal loan at a low-interest rate you may end up paying a higher interest amount at the end of the loan tenure.
JSW Steel moves NCLAT for immunity against investigation in BPSL cases
The Jindal group firm is seeking immunity as the Delhi High Court in a...
RBI panel pitches for federal body like GST Council in farm sector
The Goods and Services Tax (GST) Council, that consists of the finance min...
SBI stopped from selling Videocon overseas assets
"The SBI is hereby prohibited to go ahead with the advertisement and directed to maintain the status quo till the decision is pronounced on merits", said NCLT.
SBI restrained from selling Videocon’s overseas assets
If SBI is allowed to execute sale as advertised, the Videocon group may suffer an irreparable loss.
But is big-bang bank mergers a solution?
Issues could include something as simple as an internal hierarchical muddle to more direct and larger conflicts.
How to start an emergency fund while paying your education loan
To create surplus savings, you must avoid taking on any bad debt and clear your existing bad debt.
CG Power fails to get Rs 200-crore working capital
Banks are not keen to lend to CG power as govt agencies step up probe into alleged wrongdoings at the firm.
External benchmarks may not bring down loan rates
NPA-laden banks may increase spreads over benchmark rates to protect their profitability.
Repo-linked loans: Choosing a lender to be much easier as only 2 criteria for comparing loans
Borrowers no longer need to wait for their banks to react in response to rate cuts or rate hikes.
SBI plans to review repo-linked home loan
The repo-linked lending rate is a positive development as both customers and in many cases, those distributing the loans were not aware of the features of the repo-linked rate.
No slowdown in lending to the poor in July 2018-July 2019
Loans to weaker sections soared 26%, credit to large industries rose 7%.
Repo-linked home loan rates can be volatile
The cost of repo-linked loans may come down over the years, but EMIs may not drop proportionately.
How will borrowers' EMIs be reset after RBI decision to link loans to external benchmarks?
From October 1, 2019, any loan taken will be linked to any one of the 4 external benchmarks specified by RBI.
Lenders likely to put bad loans worth Rs 8,000 crore on the block
Loans mainly from power, manufacturing sectors, UBI may put up the largest chunk.
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