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HDFC Bank Lowers MCLR Rates, Bringing Relief to Millions of Borrowers In a welcome move for borrowers, HDFC Bank, India’s ...
HDFC Bank has cut its MCLR by up to 5 basis points on select tenures, with rates now ranging from 8.55% to 8.75%, effective ...
A basis point is one-hundredth of a percentage point. So, a 5 bps cut translates into a 0.05% reduction in the lending rate.
Home loans were a key growth driver for SBI in the June quarter, with outstanding credit rising 15% to Rs 8.5 lakh crore at ...
When the RBI reduces key lending rates, borrowing becomes cheaper. This becomes beneficial for people seeking home and other ...
A default on personal loan repayment can result in late payment charges, credit score damage, calls/visits from recovery agents, bank legal action, difficulty in getting new credit, etc.
The country’s largest private sector lenders such as HDFC Bank, ICICI Bank and Axis Bank highlighted a seasonal jump in ...
Axis Bank offer the lowest personal loan interest rate in India with a starting rate of 9.99% per annum. And the bank's loan ...
Did you know, HDFC Bank is also among the crorepati-making stocks, giving all-time returns by more than 58,000%. Besides the ...
Banks are revising their car loan interest rates and fees, offering attractive options to borrowers ahead of the festive season. Annual interest rates on new cars range from 7.60 per cent to 14.25 per ...
The loan against shares interest rate is generally lower than that of personal loans or credit cards, mainly because the loan ...
First, a bonus issue can be announced by any listed company. The bonus is declared in a certain proportion only to the existing shareholders. The investor is not required to pay any extra money for ...