Archive for the "Loans" Category

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Bank funding to gold loan companies gets costlier

The cost of bank funding to the thriving gold loan segment has increased by 150-200 basis points following the Reserve Bank of India decision to remove the priority sector lending benefit available to commercial banks, under the agriculture classification, for loans to (and assignment portfolios from) gold loan companies like Manappuram and Muthoot. The removal […]

Guide to Home Affordable Refinance Program Rates

For any home owner, who has poor credit ratings, home mortgage refinance can be a very intimidating topic. However, it is very difficult to get good or rather lowest mortgage refinance rates as per your convenience. But with little research and online study, this problem can be solved and used it to your advantage in […]

SBI increases Interest Rates

Loans from the country’s largest bank have turned more expensive with the State Bank of India revising its base rate, prime lending rate (PLR) and returns on term deposits with effect from Monday. The increase will apply to home loans under its special scheme as well. SBI’s announcement to hike its PLR from 12.75% to 13% comes after RBI […]

Short term loans – Your emergency finance solution

If you are having temporary cash flow problem or facing a sudden financial emergency and need money to meet your needs immediately, short term loans are just for you. These loans are taken out with the intention of filling the gap between when you require money for some specific unforeseen purpose and when actually you […]

Personal Car Finance To Make Your Dream Come True

Having own car is dream of almost every one. And why not? It has attached with it so many comforts and makes commuting easy and affordable. Having your own car is no more a luxury today; in fact, it is a necessity. May be you won’t be having funds to buy your dream car, but […]