Stocks to watch today on December 30: Vedanta, RIL, SBI, UPL, Jindal Steel & Power, APL Apollo Tubes among others are the top stocks to watch out for in Wednesday's trading session

Complete digitisation of loan disbursal and repayment processes to become reality soon

Simpl, Lazypay, ZestMoney and FlexPay are some of the options that let you buy now and pay later

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

When you produce physical gold to the bank, it values the commodity based on its purity and as per the existing market price, and RBI-prescribed LTV, it sanctions you a loan amount

EMI of your loan consists of two parts -- interest amount and principal repayment

There are many lenders who have gone for default EMI moratorium and not asked borrowers. Some have given the option to borrowers to contact the bank and allow EMI deduction

If you become a borrower of loan with external benchmarking, you will not depend on the bank to tell you when your interest rate will change

To compare interest rates is indeed important when exploring loan options, but one must thoroughly dive into terms and conditions to evaluate the impact of commission, penalty on late payment, moratorium and tax benefits.

With the festive season nearing, the banks are ready with the offers to woo customers for loans. Do not go overboard with your shopping as a loan needs to be repaid regardless of how inexpensive it is.

The Reserve Bank of India recently cut its repo rate by 25 bps in its August Monetary Policy announcements, which implies that banks, financial institutions, and housing finance companies are expected to either lower or maintain their lending rates.

The Reverse Mortgage Loan is a great financial tool for senior citizens who want to live independently even in the old age

Home loan EMIs last for at least a decade and are the largest monthly expenditure item for a majority. Hence, borrowers usually look out for ways to reduce their home loan interest burden.

Things you must keep in mind while availing personal loans for repaying credit card dues

EBITDA also jumped by 47 per cent in the months under review at Rs 1,824 crore compared to Rs 1,243 crore in the corresponding period of last quarter.

The government has floated the concept of payment banks and small banks to further the cause of financial inclusion.

In the first bi-monthly monetary policy statement for 2014-15 released last month, the RBI had said banks should consider allowing their borrowers the facility of prepaying floating rate term loans without any penalty in the interest of their customers.

If you have taken a home loan or plan to take one, you can avoid a lot of hassles and bitter exchanges with lenders if you know some basic facts about home loans.

While taking an education loan is easy, paying back requires careful planning. Student borrowers get many relaxations which can be used to make the repayment smoother.