RBI asks NBFCs to disclose total charges levied for loan products: Report
The Reserve Bank of India (RBI) has directed large non-banking financial companies (NBFCs) to disclose the total charges levied on customers for each loan product.
The Reserve Bank of India (RBI) has directed large non-banking financial companies (NBFCs) to disclose the total charges levied on customers for each loan product.
The Reserve Bank of India asked banks to be more transparent in resetting interest rates and EMIs of floating-rate home loans under the external benchmark-based lending rate (EBLR) mechanism.
Experts have a view that the rising interest rates scenario is going to impact negatively on home buyers’ attitude.
After dropping interest rates down to historic low levels during the Covid-19 pandemic, the Reserve Bank of Australia (RBA) has lifted interest rates by 0.25 to 0.35 per cent, the first rise since 2010, in an effort to calm growing inflation.
The rich can borrow cheaply because they have collateral,whereas the poor pay much higher interest rates because of higher credit risks
ICICI Bank, in a regulatory filing on Tuesday, announced it has cut interest rate.
This is the second consecutive rate cut from RBI under new chief Shaktikanta Das, after a surprise rate cut in February.
Taking a swipe at the Centre, West Bengal Chief Minister Mamata Banerjee on Tuesday accused the Narendra Modi government of…
The District Consumer Redressal Forum here has rejected four complaints against the State Bank of India (SBI) pertaining to the…
The monetary policy committee of the Reserve Bank of India is expected to cut policy rates by 25 bps in…
