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Total 318 results found. Search for [ RBI on EMI ]

Results 1 to 21 of 318
BusinessToday.In
November 23, 2020
Banking and non-banking shares rose up to 20% in the early morning trade on BSE after RBI's IWG recommended guarded entry of corporate into banking space, and a proposal to once again allow promoters of banks to hold up to 26% stake or non-promoter investors to take up to 15% stake


BusinessToday.In
November 23, 2020
India Stock Market Highlights Today: IndusInd Bank, followed by Bajaj Finserv, Bajaj Finance, Reliance Industries, ONGC, NTPC and Tata Steelwere among the top gainerz in the Sensex pack. On the other hand, HDFC, Asian Paints, ITC and Bharti Airtel were among the laggards


BusinessToday.In
New Delhi, November 20, 2020
Rating agency ICRA in its latest report has stated that the contraction in India's Gross Domestic Product (GDP) may narrow down to 9.5 per cent in the second quarter of the current financial year; ICICI Bank has launched a fully digital EMI plan, to be made available at leading retail stores, in partnership with Pine Labs; As COVID-19 cases rise in Delhi, Chief Minister Arvind Kejriwal announced on Thursday that the fine for not wearing a mask in public has been increased from Rs 500 to Rs 2,000. Watch this and more on News Blast.Also Read: RBI to open doors to Tatas, Birlas, Ambanis to set up banks


Aprajita Sharma
November 13, 2020
Simpl, Lazypay, ZestMoney and FlexPay are some of the options that let you buy now and pay later


Aprajita Sharma
October 31, 2020
Interest rates have fallen below 7 per cent in most banks. Union Bank of India is offering loans up to Rs 75 lakh in the interest rate range of 6.7 to 7.1 per cent


PTI
October 30, 2020
Crop and tractor loans come under agriculture and allied activities loans and are not part of the eight segments or classes eligible under the scheme


Naveen Kumar
October 24, 2020
Pushed by the Supreme Court, this interest waiver may appear to be a good relief for the borrowers; however, going by the basic method of computation, the benefit for retail borrowers appears to be marginal


PTI
October 24, 2020
Housing loan, education loans, credit card dues, auto loans, MSME loans, consumer durable loans and consumption loans are covered under the scheme


Rashi Bisaria
New Delhi, October 22, 2020
Flipkart's Big Billion Days sees 55% rise in digital payments, over 150% increase in EMI optionsThe annual festive season sale by Flipkart, The Big Billion Days (TBBD), which concluded on October 21 saw 1.5 times growth in the number of transacting sellers, amongst whom more than 35 per cent saw over thrice the sales compared to last year, said the company in a statement. Even as it added nearly 35 per cent new sellers on its platform, nearly 60 per cent of them were from Tier II and Tier II...


BusinessToday.In
October 19, 2020
The benefit may be extended to all types of loans, comprising home mortgages, and to debtors/borrowers who paid their EMIs during the moratorium period


Khyati Dharamsi
New Delhi, October 15, 2020
You may consider taking on debt due to low interest rates, even in these uncertain times. The question is how much and in what ways


BusinessToday.In
September 22, 2020
HDFC Bank has offered its borrowers a loan restructuring scheme which is expected to provide them relief amid ongoing coronavirus pandemic


BusinessToday.In
September 22, 2020
State Bank of India (SBI) has introduced a loan restructuring policy with an aim to provide further relief to home and retail borrowers amid ongoing coronavirus crisis


Naveen Kumar
September 17, 2020
MCLR-linked home loans come with a reset period of one year, which SBI has reduced to six months. Although it is wise to go with the reduced reset period, there could be some pitfalls


Nirbhay Kumar
September 15, 2020
Representatives of various industry bodies suggested that banks should not charge interest on interest and instead only recover the cost of finance from borrowers who availed moratorium on loans


Naveen Kumar
September 2, 2020
Under restructuring, moratorium should be the last resort as it adds to your interest burden; increasing tenure or reducing EMI could be better options


BusinessToday.In
September 2, 2020
A bench headed by Justice Ashok Bhushan, which commenced final hearing on a batch of petitions on waiver of interest on deferred loans, was told that paying interest on interest is a \"double whammy\" for borrowers and banks cannot charge it


PTI
September 2, 2020
Senior counsel Rajiv Dutta, appearing for the petitioner Gajendra Sharma who has taken home loan from a bank, assailed the accrual of interests on EMIs even during the moratorium period


BusinessToday.In
September 1, 2020
Govt is in process of identifying distressed sectors to vary benefits as per the impact of hit they have taken due to COVID-19, said Solicitor General


PTI
August 31, 2020
In a report released on the last day of the moratorium, the agency said it analysed 2,300 non-financial sector companies which have taken recourse to non-payment of loans, and found that three-fourths of entities are sub-investment grade


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