Emi
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What is no-cost EMI scheme? How it functions - Explained
Personal Finance | February 21, 2023 18:20 ISTAlthough no-cost EMIs are quite inexpensive, it's necessary to be aware of the offers in order to get the most out of them.
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Meta introduces no-cost EMIs for advertisers in India
Technology | January 17, 2023 15:37 ISTNew Delhi: Meta said it will bear the applicable interest payable to the bank, and give it as an upfront discount to the business on its ad spends. With no-cost EMI billing, advertisers can choose any amount between Rs 3,200 and Rs 5 lakh to convert to EMIs.
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Meta brings no-cost EMIs for advertisers in India: How does it work?
Technology | August 30, 2022 18:59 ISTMeta has declared to bear the applicable interest which is payable to the bank and additionally, will give an upfront discount to the business on its ad spends.
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HDFC Bank hikes lending rates by 0.35%; second hike in two months
Business | June 07, 2022 19:01 ISTHDFC Bank increased its Marginal Cost of funding based on the Lending Rate by 0.35 per cent from June 7, as per the new rate structure published on its website.
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Amazon.in to launch Great Republic Day Sale from 17th -20th January 2022
Technology | December 15, 2022 16:47 ISTAmazon India announces the ‘Great Republic Day Sale’ kickstarting from January 17 to January 20. Prime members of Amazon can avail the offers and discount a day prior to the official announcement.
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HDFC Bank extends loan EMI moratorium till August: Here's how to avail
Business | June 01, 2020 14:57 ISTHDFC Bank announced that it has extended the loan moratorium and credit card outstanding moratorium by another 3-months for its customers to help them sail through the disruption caused by coronavirus pandemic. The Reserve Bank of India last week had extended the moratorium on loan repayments by three more months, till August 31.
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Loan EMIs set to get cheaper as RBI cuts repo rate by 40 bps to 4 per cent
Personal Finance | May 22, 2020 10:48 ISTLoan EMIs are set to get cheaper as RBI cuts repo rate by 40 bps to 4 per cent. "The repo rate cut by 40 basis points from 4.4 % to 4%. Reverse repo rate stands reduced to 3.35%," RBI Governor Shaktikanta Das said in a press conference on Friday.
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HDFC Bank Alert! Fraudsters looking to exploit EMI moratorium to steal money. Beware, don't do THIS
Business | April 09, 2020 19:26 ISTHDFC Bank Alert: Largest private sector lender HDFC Bank on Thursday sent an alarm for its customers against a possible fraud over the three-month loan repayment moratorium. The bank has asked its users to be "extra cautious".
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EMI Moratorium: Good or Bad? Experts explain how it impacts your loan
Business | April 02, 2020 13:52 ISTBanks like SBI, PNB, BOB, IDBI, Canara Bank, UCO bank, Syndicate Bank, Punjab & Sind Bank, Andhra Bank, Central Bank of India, HDFC Bank, ICICI bank…and many more tweeted about the details that the customer can follow by mentioning the in and out option. Some gave an email id as well where they have asked their customers to email the details of their installment/Loan account to the bank if they want to go for 3 months moratorium.
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Telcos to opt for EMI moratorium; tariff to remain stable: COAI
Business | March 28, 2020 18:35 ISTDebt-ridden telecom operators are likely to opt for three-month moratorium to avoid cash crunch during the lockdown, industry body COAI said on Saturday.
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RBI puts EMIs on hold: What it means for you
Business | March 27, 2020 20:09 ISTThe Reserve Bank of India (RBI) today announced a slew of measures to alleviate financial difficulties arising due to the Coronavirus crisis and subsequent restrictions. One such step was about the 3-month moratorium on term loans and equated monthly instalment payments.
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YES Bank Crisis: What happens to your EMI, Insurance Premium and Salary account?
Business | March 06, 2020 19:03 ISTYes Bank Crisis: Soon after the RBI placed the Yes Bank under a moratorium and restricted withdrawal limit to Rs. 50,000 per account until April 3, 2020, Reserve Bank of India’s Governor Shaktikanta Das today tried to boost the sentiments of the existing bank’s customers by saying that the central bank will protect all depositors' money.
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Over 60 percent Lamborghini cars sold on EMIs in India
Business | February 13, 2020 21:49 ISTContrary to a belief that super-rich would not think much when it comes to buying their favourite car, the Indian arm of super sports car manufacturer Lamborghini has said around 60 to 65 per cent of their cars are sold on car finance in the country.
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50 homebuyers in Greater Noida's Shahberi decide to stop paying bank loan EMIs
India | January 08, 2020 23:23 ISTAround 50 homebuyers in Greater Noida's Shahberi area have decided to stop paying their monthly installments on bank loans over legality of construction of their flats.
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How to convert Credit Card bill into EMI; check details
Business | July 25, 2019 16:48 ISTDo you know you can convert your entire credit card bill into monthly instalments? Most banks are not providing options for a customer to convert their entire outstanding amount into monthly instalments or EMIs.
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RBI Monetary Policy Statement: How it may affect your finances
June 05, 2019 15:04 ISTRBI Monetary Policy explained: Time for number crunching may again have arrived as Reserve Bank of India prepares to announce its bi-monthly Monetary Policy Statement on Thursday (June 6). The policy affects our finances. Due to technical jargon, Monetary Policy Statement is often hard for most of us to understand. Here's an explainer.
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EMIs to go up as SBI, ICICI Bank, PNB raise lending rates ahead of RBI's monetary policy review
Business | June 01, 2018 23:22 ISTNow SBI’s overnight and one-month tenors’ Marginal Cost of Funds Based Lending Rate (MCLR) stands at 7.9 per cent as against 7.8 per cent, as per the SBI’s website.
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How to Apply for Financial Products Online Skilfully
Business | March 20, 2018 14:10 ISTWhile buying financial products online, you get to be agile to compare various options and pick the most appropriate one. Moreover, you can go paperless and enjoy quick services.
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Axis Bank offers waiver of 12 EMIs on home loans up to Rs 30 lakh
August 18, 2017 11:45 ISTThe third largest private sector lender will waive off four equated monthly instalments (EMIs) each at the end of the fourth, eighth and the 12th year of a two-year loan.
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Home loan EMIs get Rs 2,000 cheaper under Pradhan Mantri Awas Yojana. Read how
March 23, 2017 12:33 ISTLoans approved or under consideration as on January 1 will be eligible for the interest rate subisdy on home loans
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