EMIs

Gross NPA ratio of retail loans at the system level was low at 1.4 per cent as of March 2023.The share of 'special mention accounts' was relatively high at 7.4 per cent for SCBs and it accounted for a tenth of their retail assets portfolio,…

ICICI Bank has curated special EMI offers with the theme of 'Beat the heat with EMIs'.ICICI Bank says offers are available across leading brands like Amazon, Flipkart, Apple, OnePlus, Samsung, LG, Sony, MakeMyTrip, EaseMyTrip, TataCliQ…

No-cost EMI enables customers to purchase goods with no interest for purchases made online or offline.Before purchasing anything on a no cost EMI, do collect information about the additional or hidden charges. You may be familiar with…

MUMBAI: In a major relief to homebuyers and a pleasant surprise to financial markets, the Reserve Bank of India decided to pause its rate hikes citing “unprecedented uncertainty in geopolitics, economic activity, price pressures and…

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The interest rate on home loans is expected to increase as the Reserve Bank of India on Wednesday announced an increase of repo rate by 25 basis points to 6.5 %.Repo rate is the rate at which the RBI lends money to commercial banks.Now,…

Last Updated: February 10, 2023, 10:40 ISTBank of Baroda increased the MCLR by 5 basis points to 7.90% from 7.85% earlier. One month tenure is hiked by 5 bps to 8.20% from 8.15%.Bank of Baroda, a public sector lender, announced on Thursday…

In its first Monetary Policy statement of 2023, the Reserve Bank of India (RBI) on Wednesday hiked the policy repo rate by 25 basis points to 6.5%. This was the sixth straight hike to the repo rate, which, in December last year, was…

The Reserve Bank of India (RBI) hiked its key interest rate, the repo rate, by 25 basis points on Wednesday and lowered its growth and inflation projections.The repo rate is the interest banks pay to borrow from the central bank, and an…

<!-- -->The annual retail inflation rate eased to 5.72% in December. (Representational)New Delhi: The Reserve Bank of India hiked its key repo rate by 25 basis points on Wednesday as expected but surprised markets by leaving the door…