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  Diwali home loan festive offers: Major points to keep in mind before going ahead

  Business | October 29, 2024 13:56 IST

  The banks and other lenders come up with festival special offers that include lower processing fees and reduced interest rates for home loan borrowers, however, experts suggest that consumers should stay vigilant about hidden terms and conditions, considering their long-term financial goals.

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  Confused about taking a loan? Tips on easy loan management

  Personal Finance | November 09, 2021 10:18 IST

  While technology has revolutionised how loans are disbursed, the principles of judicious borrowing have not.

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  Bank loan's priority sector classification extended to NBFCs: RBI

  Business | March 24, 2020 8:57 IST

  The Reserve Bank of India (RBI) on Monday announced that the bank credit to registered NBFCs towards agriculture, MSEs and housing sector up to prescribed limits will be treated as priority sector loans during the next fiscal starting April.

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  Banks to hold 'Credit Shamiana' to felicitate easy loans from today

  Business | October 03, 2019 12:59 IST

  In a bid to reach out to people across remote areas, the Public Sector Banks, including the State Bank of India will reach out to people by organising 'credit shamianas' for easy disbursal of loans. The move was a brainchild of finance minister Nirmala Sitharaman and is aimed to help farmers across the country.

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  Attention ICICI customers! Home loan, personal loans turn cheaper

  Business | October 01, 2019 16:50 IST

  ICICI 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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  Banks bad loans down at Rs 9.34 lakh cr at FY19-end: Nirmala Sitharaman

  Business | July 16, 2019 16:13 IST

  Total bad loans of commercial banks declined by Rs 1.02 lakh crore to Rs 9.34 lakh crore in the 2018-19 fiscal on the back of steps taken by the government, Finance Minister Nirmala Sitharaman said Tuesday.

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  SBI cuts benchmark lending rate by 0.05 per cent across maturities

  Business | November 01, 2017 9:34 IST

  SBI's move will trigger rate cut by other lenders. The bank had last cut the rate on Jan 1.

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  ‘Prime mover’ Mallya used IDBI loan for Kingfisher Airlines to fund F1 race team, says ED

  June 14, 2017 22:19 IST

  The ED filed the chargesheet a day after the Westminster Magistrates Court in London granted Mallya bail till December 4 in the extradition case.

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  ED attaches Rs 263-crore worth assets of Deccan Chronicle group

  March 29, 2017 8:16 IST

  The Enforcement Directorate Tuesday attached assets worth Rs 263.10 crore of Hyderabad-based Deccan Chronicle Holdings Limited (DCHL) in a bank loan fraud case.

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  Union Minister YS Chowdary faces arrest over alleged loan default

  National | April 08, 2016 12:34 IST

  Union Minister YS Chowdary faces arrest with a non-bailable warrant out against him on the complaint of a Mauritius-based bank for alleged loan default.

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  Infrastructure loans: RBI eases norms to give more flexibility to banks

  December 16, 2014 10:22 IST

  Mumbai: To revive stalled plans and help banks tide over mounting bad loans, the Reserve Bank of India (RBI) on Monday eased norms for structuring of existing long-term project loans to infrastructure and core industries.The

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  RBI says onus of forming JLF on lead bank; warns of penalty

  October 22, 2014 6:38 IST

  Mumbai: The Reserve Bank of India (RBI) put the onus of forming a Joint Lenders' Forum (JLF) on the bank with highest exposure to a distressed borrower and said here today that failure to do