May 20, 2022 11:16 AM IST

Home loans: Banks and housing finance companies that offer lowest interest rates

Several banks have already announced hike in interest rates on home loans linked to repo rates post RBI's policy action on May 4, while others could increase their rates from June 1

Hero Electric ties up with RevFin to provide loans to EV riders

The partnership aims to finance and lease 2.5 lakh vehicles over the next three years, the company said in a statement.

Interview: NPAs to come down and net interest margin to improve this year, says Bank of Baroda managing director

Chadha said the bank has seen sequential improvement in bad loan figures consistently and is confident the trend will continue this fiscal.

Banks and HFCs that have revised home loan interest rates after repo hike

Some banks and housing finance companies announced an increase in their home loan rates immediately after RBI's announcement on repo rate hike

With home loan rates going up, is it time to move to fixed-interest-rate loans?

A fixed-rate loan, as the name suggests, has a steady interest rate. But there are costs involved with switching to such a loan and the change isn’t as smooth as you’d think. Fixed-rate loans carrying interest rates of over 8.25-8.5 percent may not be worth. 

ICICI Bank upgrades digital services for MSMEs; to maintain “risk-calibrated growth” approach in lending

Executive director Anup Bagchi said banks may soon start to lend to MSMEs based on their cashflows and not on their solvency, thanks to the rapid adoption of digital services.

Going for foreign studies this year? Use your education loan wisely

It is important to analyse the loan features as well as one’s repayment capacity.

Infrastructure finance companies to post 10%-12% loan growth in FY23: ICRA

As of December 31, infrastructure-focused Non-Banking Financial Companies (NBFC) had given outstanding loans worth Rs 13.8 lakh crore.

Here are the best banks for 2-wheeler loans with interest rates below 10%

Interest rates on cheapest bike loans from banks range between 6.85-9.9 percent

Personal loans or credit cards: Which is better for short-term goals?

Selecting between the two options depends on the repayment ability of the individual, the existing burden of any EMIs and future expenses.

Loan assets securitised by NBFCs jump 43% to Rs 1.25 lakh crore last fiscal: Report

The amount of loans securitised by NBFCs (Non-Banking Financial Companies) and HFCs (Housing Finance Companies) in FY21 stood at Rs 87,300 crore, ICRA Ratings said in a report.

Lenders may see uptick in credit growth, better asset quality in Q4, say analysts

Normalised collection efficiency will lead to higher recoveries and upgrades and higher credit growth shall further improve lenders’ headline gross non-performing asset figures, analysts say.

Paytm clocks 6x growth in loan disbursals in FY22, says app's monthly users at highest level

The Gross Merchandise Value (GMV) for its merchants payments business saw a growth of 111 percent in the year, rising from Rs 4 lakh crore to Rs 8.52 lakh crore.

Bandhan Bank Q4 advances rise 16% YoY to Rs 1.01 lakh crore, deposits up 24%

During Q4, the private sector lender’s total deposits rose 24% on a yearly basis to Rs 96,331 crore as on December end.

Govt extends ECLGS scheme for MSMEs until March 2023; hospitality, aviation to get boost

The National Credit Guarantee Trustee Co has also increased the limit for borrowing under the third iteration of the ECLGS.

Exclusive Interview | M&M Finance expects disbursements to grow 40-45% in FY23, bad loans to fall to 6-7%, says MD Ramesh Iyer

M&M Finance is keen to look at gold loans as a key business vertical.

Paytm reports 5x year on year rise in loan disbursements during Jan-Feb

Gross merchandise value rose 105% on year during January-February to Rs 1.65 lakh crore

SBI app users spammed with notifications, bank says fixing technical error

Some people flagged that they received multiple messages from State Bank of India Yono Lite app, all addressing them differently.

Women borrowers more disciplined than men, exhibit better credit profile, report says

Increased participation in the labour force, higher financial independence, better credit awareness and improved access to economic opportunities have driven the growth of women borrowers in India, says Harshala Chandorkar, chief operating officer of TransUnion CIBIL.

Ideas For Profit | IndusInd Bank: Attractive valuation & strong earnings visibility to aid stock re-rating

Armed with a decent deposit book, competitive cost of funds and adequate capital, IndusInd Bank should see strong earnings traction in FY23 and beyond. The undemanding valuation provides headroom for rerating, here’s why

Bajaj Finance: What to watch out for as the NBFC kicks off Phase II of its digital transformation

Phase I of the digital transformation journey has gone live and in Phase II Bajaj Finance's app will offer 72 features as compared to 52 currently.

Steps to secure an instant loan from a fintech

Government may increase cover for MSMEs under credit guarantee scheme

Officials say expanding the credit guarantee amount for each MSME, currently Rs 2 crore, has been a long-term suggestion.

Indifi ties up with GPay to source loans

Google Pay has 10 million merchants, who will be given the option of availing a pre-approved loan from Indifi in the app itself, based largely on their payment receipts data, Aditya Harkauli, chief business officer at Indifi, said.

DB Realty defaults on payment worth Rs 698 crore

The company is engaged in residential, commercial, retail and other projects, such as mass housing and cluster redevelopment.