Archive for the "Loans" Category

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Home loan interest rates likely to go up

In a bid to prevent deterioration of bank asset portfolios, the Reserve Bank of India (RBI) is expected to further tighten up on real estate lending norms, both for retail customers and developers. Since the second quarter of this financial year, banks have faced asset deterioration with unbridled lending to the real estate sector. This […]

Double-digit lending rates are back, early respite unlikely

Home loan rates hit 10%, as do preferred corporate loans. Loan rates for retail borrowers as well as op-rated companies have crossed 10 %, with the cost of funds having risen in the past three months due to the liquidity crunch that banks have been facing. After about two years, home loan rates have crossed […]

CBI knocks on SBI doors; Bhatt defends loan action

The Central Bureau of Investigation (CBI) on Wednesday visited the premises of State Bank of India (SBI) in Mumbai as part of its continuing probe on the role of state-owned banks in the 2G spectrum scam. However, SBI clarified that all necessary procedures were followed while sanctioning loans to some of the 2G spectrum scam […]

Secured Personal Loan for Debt Consolidation

With a view to remove all debt by merging them and correcting the bad credit score one can go for the options like secured personal loans. There can be numerous reasons to land in a bad credit position, but when it comes to finding financing which will allow to consolidate these debts in the hopes […]

Tips to find the right Payday Loan Lenders online

Payday loan lenders are on the rise in UK. The growing trend of borrowing online among the net savvy people has made it a hugely promising business for Payday Loan Lenders in UK. The loans offered to consumers are short-term in nature and fits in with the requirements of those who need the extra money […]