Interest Rate

Saddled with too many loans? Here's what you should repay first

December 07, 2020

Saddled with too many loans? Here's what you should repay first

Making rational decisions on repayment can help reduce unnecessary liabilities. For this, it is necessary to pay attention to a few things.

October 24, 2020
Govt waives interest on interest for loans up to Rs 2 crore

The Department of Financial Services came out with operational guidelines in the backdrop of Supreme Court's direction to implement the interest waiver scheme, which is likely to cost the exchequer Rs 6,500 crore.
September 09, 2020
EPFO to provide 8.5% interest rate for FY20

The EPFO will provide 8.15 per cent interest on EPF soon and the remaining 0.35 per cent rate would be credited into the subscribers' account by December 31.
August 06, 2020
Home loans dry up thanks to falling property prices, interest rates

As risk on investments increase and interest rates fall, banks have to work with squeezed margins while offering home loans.
October 10, 2019
Banks respond to repo rate cut, lending rates reduced by 0.25%

With the reduction in their respective benchmark lending rates, home, auto and other loans have become cheaper.
August 08, 2019
Agri loan moratorium extended till December 31

The new deadline will apply only to 34,682 customers out of 5.43 lakh who have rescheduled agriculture loans.
July 29, 2019
SBI cuts deposit rates, keeps lending rates unchanged

For deposits of 180 days up to 10 years, the rate is being cut by up to 20 bps for individual retail customers.