December 27, 2023 12:55 PM ISTThe wedding season brings with it the financial burden of big fat weddings. But what if there was a way to skip that mental stress? Couples now have the option of choosing the new market trend of Marry Now, Pay Later (MNPL) scheme instead of traditional wedding loans. However, which is the better option? This video dives into the pros and cons of both options, helping you make the right decision for your big day. Watch this:
December 27, 2023 12:07 PM IST What bothered Yash Mehta most was that the loan recovery agent seemed to have access to his personal details which HDFC Bank was privy to.
December 25, 2023 11:04 AM IST Banks must stop pressuring junior executives to engage in relentless cold calling to sell loans that customers do not need or peddle complex investment products that clients do not fully understand
December 20, 2023 08:07 AM IST Personal loan interest rates usually start at 10.5 percent per annum, depending on the applicant’s credit profile. Gold loan interest rates usually tend to be lower than personal loans for those with poor credit profiles. But a gold loan requires collateral.
December 20, 2023 09:37 AM IST The Jammu and Kashmir police officer's post sparked comments from several disgruntled bank customers who claimed that their loans too were rejected due to their professions.
December 18, 2023 09:41 AM IST While taking out a wedding loan or participating in a ‘Marry now, pay later’ scheme, borrowers must understand key terms such as interest rate, loan amount, and repayment schedule. You should borrow only to pay for the basic expenses and not to fund the showbiz part of the Big Fat Indian Wedding.
December 15, 2023 11:45 AM IST You can negotiate with your bank for a reduction in interest rate on your existing home loan. The bank will charge you a fee for this so use an online home loan refinance calculator to figure out what you will save.
December 08, 2023 09:17 PM IST Shortly after opening, IREDA's retail division quickly sanctioned its first loan amounting to Rs 58 crores under KUSUM-B
December 01, 2023 08:35 AM IST The non-performing assets in education loans stood at 7.82 percent of a total outstanding portfolio, at the end of the first quarter of FY23. The number of students opting for foreign education using education loans has been increasing but repaying these loans can be a challenge. There is a way out though.
November 24, 2023 09:56 AM IST Joydeep Dutta Roy, executive director, BoB, said that the unsecured loan book of the bank is only for existing customers
November 20, 2023 03:47 PM IST
November 16, 2023 09:29 AM IST A sharp rise in advances, backed by business model up-gradation. Asset quality and return ratios trending up; undemanding valuation
November 16, 2023 09:27 AM IST Recent spurt in personal loans certainly bears close watching, but trends in industry too are sending confusing, if not worrying, signals
November 14, 2023 07:58 AM IST Using a credit card is better for smaller amounts that you can easily repay in a few weeks. However, if the required amount is large and you would not be able to pay it back fully soon, then taking a personal loan is advisable.
October 27, 2023 06:47 PM IST The bank has created a distinctive 'Bharat Bank' unit with tailored rural products, an increased footprint through branches and a digital presence, partnerships with facilitators like Common Services Centers (CSCs), and village-level entrepreneurs enabled by multiple agri-commodity-focused ecosystems, he said.
October 27, 2023 07:01 AM IST Education financing is no longer an option; it has become a necessity. The good news is that there are many ways in which you can get financing and secure your child’s future. We feature a few of them.
October 25, 2023 10:12 AM IST When buying a property, it’s best to pay 30-40 percent or even more of the property cost as a down payment. An increase in interest rate can derail your finances if your EMI is already equivalent to your monthly savings.
October 15, 2023 01:23 PM IST GVK group's GVK Coal Developers had borrowed $1 billion and $159,973,008 from six Indian banks, in 2011 and 2014, to fund its interests in Australian coal and infrastructure projects. While the loans remain unpaid, GVK tried to sell Bengaluru and Mumbai airports without the banks' knowledge.
October 13, 2023 06:02 PM IST The brokerage sees credit costs for Indian lenders climb toward “historical averages” as more unsecured retail loans turn sour, with state-run banks more vulnerable to this trend, compared to their private sector counterparts.
October 13, 2023 03:21 PM IST Secure funds swiftly with an instant online loan, ensuring financial assistance within minutes.
October 06, 2023 03:31 PM IST Earlier in the day, Das said certain components of personal loans are recording very high growth and the RBI is closely monitoring the same for any signs of incipient stress.
October 04, 2023 07:40 PM IST The newly constituted working group would be chaired by R. Narayanaswamy, former professor at IIM Bangalore, the RBI added.
September 28, 2023 10:08 PM IST Mortgage rates have been climbing along with the 10-year Treasury yield, which lenders use as a guide to pricing loans.
September 28, 2023 12:16 AM IST The FIR was registered on the bank’s complaint alleging that it sanctioned credit limits and loans to Jet Airways (India) Ltd to the tune of Rs 848.86 crore, of which Rs 538.62 crore were outstanding.
September 27, 2023 04:35 PM IST Follow these simple steps to access an instant loan, effectively meeting your immediate credit needs in a hassle-free manner.
