Several banks have raised their marginal cost of lending rates (MCLRs) in November 2024. A few banks have merely updated the date....
HDFC Bank has increased its marginal cost of funds-based lending rates (MCLR) on two short term tenures by up to 5 basis...
Under the PM Vishwakarma Yojana, a loan of Rs 1 lakh is given in the first phase to start a new business....
Following the budget announcement by Finance Minister Nirmala Sitharaman during the Union Budget 2024, the Finance Ministry increased the loan limit under...
The Pradhan Mantri MUDRA Yojana (PMMY), launched on April 8, 2015, by Prime Minister Narendra Modi, is a collateral-free micro credit scheme. The initiative enables...
The Reserve Bank of India (RBI) has taken strict regulatory action against four Non-Banking Financial Companies (NBFCs), halting their loan sanctioning and...
Many lenders have revised their marginal cost of lending rates (MCLRs). Some banks still need to change the rates and have just...
The State Bank of India (SBI) has announced the latest marginal cost of funds-based lending rate (MCLR) on loans from October 15-...
To ensure easy and adequate credit availability to the MSME sector, the State Bank of India (SBI) is planning to enhance the...
I have taken a home loan from a bank to book an under construction residential house. The flat is still under construction...