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
In its bi-monthly monetary policy review, the Reserve Bank of India (RBI) on Thursday kept key repo rate or lending…
Large lenders have smartly cut their base rates to slow down the borrowers from switching to marginal cost of fund…
The Reserve Bank of India (RBI) is expected to maintain its key lending rates at its first bi-monthly monetary policy…
The government has lowered interest rates on small saving schemes like PPF, Kisan Vikas Patra and Sukanya Samriddhi scheme by…
The government has lowered interest rates on small saving schemes like PPF, Kisan Vikas Patra and Sukanya Samriddhi scheme by…
