Loan Rates
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Applying for a personal loan? Essential dos and don’ts to keep in mind
Personal Finance | Nov 21, 2024, 03:53 PM ISTPlanning to apply for a personal loan? Know essential dos and don’ts to make a smart financial decision. Keep EMIs affordable, choose short tenures, and borrow only for emergencies to avoid debt traps.
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HDFC Bank hikes loan interest rates on select short-term tenures, check details inside
Business | Nov 07, 2024, 04:49 PM ISTAfter the loan rate hike, the overnight MCLR has gone up to 9.15% from 9.10%, while the one-month MCLR has moved up to 9.20% from 9.15%. Moreover, the three-year MCLR, on the other hand, has increased to 9.50% from 9.45%.
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SBI hikes loan interest rates from today, EMIs for personal, auto loans to rise | Check details
Business | Jul 15, 2024, 12:02 PM ISTThe bank has increased its marginal cost of fund-based lending rate (MCLR) by up to 10 basis points (bps) on select periods.
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PSU banks sanction ₹5.95 trillion loans in just over 2 months: Nirmala Sitharaman
Business | May 13, 2020, 09:38 AM ISTFinance Minister Nirmala Sitharaman on Tuesday said the public sector banks (PSB) sanctioned Rs 5.95 lakh crore in just over two months, between March 1 and May 8, to over 46.74 lakh accounts. The borrowers for the sanctioned loans include MSMEs, retailers, farmers and corporate sectors.
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Attention ICICI customers! Home loan, personal loans turn cheaper
Business | Oct 01, 2019, 04:50 PM ISTICICI Bank MCLR Rate: Good news for ICICI Bank account holders as India's one of leading private lender has announced Dussehra gift for its customer. The bank has reduced Marginal Cost of Funds based Lending Rate (MCLR) by 10 bps (basis points) for its customers and the changes will be effective from today, i.e October 1, 2019.
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Xiaomi rolls out Mi Credit for instant loans in India
Technology | May 24, 2018, 06:58 PM ISTCurrently, the service is available only for MIUI users where KreditBee is offering loans starting from Rs 1,000-Rs 1,00,000.
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Monetary Policy 2017: Loans may get cheaper as RBI brings down repo rate to 7-year-low of 6 pc
Aug 02, 2017, 03:03 PM ISTThe cut in the key lending rate comes on the back of the sharp dip in retail inflation over the past few months. The revised repo rate at 6 per cent is the lowest in six-and-a-half years since November 2010
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Day after PM's call to banks, SBI cuts lending rate by 90 bps
Jan 01, 2017, 04:13 PM ISTSBI on Sunday slashed benchmark interest rate across various maturities by 0.9 per cent.
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Jan Dhan launched in Punjab; Badal for lower loan rates for poor
India | Aug 29, 2014, 12:05 AM ISTChandigarh: Launching the Prime Minister's Jan Dhan Yojna in Punjab, Chief Minister Parkash Singh Badal today called upon the bankers to liberally sanction loans at lower interest rates to the poor and economically depressed sections