ArticleField.comInternet's Fastest Growing Free Content Article DirectoryEven as the central bank is expected to hike rates one more time, banks have started offering discounts on home loans. Lenders say that this development is an indicator that demand for home loans is easing. On Wednesday, IDBI Bank announced special rate home loans and auto loans for the festive season. In terms of […]
The government today approved amendments to the SARFAESI and debt recovery acts to enable banks to effectively deal with the menace of bad loans and also encourage them to disburse credit freely to home and corporate loan seekers. The Cabinet approved the introduction of the Enforcement of Security Interest and Recovery of Debts Laws (Amendment) […]
Increase in equated monthly installments (EMIs) due to rising interest rates and reset of teaser loans will put additional annual burden of about Rs 6,000 crore on home loan borrowers. According to a report by Crisil, higher EMIs and slowdown in economic growth would also increase bad loans for lenders. In view of the persistently […]
Cheap loans are financial loans that have low interest rate to give money borrowers an even more loose payment option. It gives flexible payment solutions with respect to the sum being borrowed. Cheap loans are the most trusted remedy to all your instant money needs. Cheap Loans Money doesn’t come easy at present. People everywhere […]
Six leading bankers say the overall mood on economic growth is fairly bright, but the early signs of stress can’t be ignored. ON RATE HIKES. WILL THEY BE PASSED ON? Pratip ChaudhuriPratip Chaudhuri: Any hike by the Reserve Bank of India has to be passed on because any input prices rise will have to be […]
