Describing the move as "revolutionary, Patnaik on Tuesday said women can now set up small and medium enterprises (SMEs) or even launch big businesses.
Interest on home loans has risen lately, making house purchases that much costlier. However, owning a house does give a feeling of security that isn’t easy to quantify mathematically.
The management of Five Star Finance said that the company will continue investing in growing its branch network and adding technological capabilities.
New sources of risk such as a return to the old pension system, and mounting overdue of power discoms could push many states to a fiscal precipice
Bank of Maharashtra, Bank of India and State Bank of India offer interest rates between 8.9-10.55 percent on personal loans
At 8.25 per cent, BoB's rate is lower than that of the segmental leaders SBI and HDFC.
Airlines are in no mood to start a fare war at a time when global supply chains are disrupted and fuel prices are still at very high levels after the Russian invasion of Ukraine.
Can a home loan borrower avail a loan for less than the sanctioned amount? Can a home loan get rejected after the bank has issued a sanction letter? For answers to these and many other issues that home loan borrowers should be aware of, read on.
Yes, you can avail of some tax benefits on a home loan if you borrow the money from family, friends on new-age lenders. Read on to find out how and to learn more about other tax benefits on home loans.
You need to be a co-owner as well as co-borrower to claim a tax deduction against a home loan. Further a deduction cannot be more than the amount of your contribution. Read on to find out what other rules govern home loan deductions.
If you pay EMIs on multiple loans, it makes sense to use your Diwali bonus to pay off your credit card and unsecured loans first. Your home loan should come next. But there is also a way to become debt-free sooner without waiting for your Diwali bonus.
Just setting aside money every month from your salary is not enough if much of it goes into bank deposits. Your investments need to beat inflation
When you opt for a loan, you need to ensure that it is repaid in time so that your credit score does not take a beating.
Going forward, IDBI Bank is looking to explore avenues to achieve a business growth of 10-12 percent, the CEO said.
High interest rates puts the viability of the scheme in question, at a time when airlines are struggling to make ends meet due to high ATF prices.
Several Diwali loan offers are currently on. But read the fine print before you opt for one. Take loan only if you really need to borrow.
Aside from non-tax revenue from mining auctions, Odisha's tax revenue grew 20 percent during the first six months of the current financial year thanks to a spurt in economic activity after the easing of Covid restrictions
"We are not asking for any kind of measure [such as] a rescheduling or a moratorium," the country's Prime Minister Shehbaz Sharif told the Financial Times. "We are asking for additional funds."
The Diwali Special Offer will remain valid from October 14, 2022 to November 30, 2022.
From cashbacks to discounts to waiver of processing fees on home loans, many banks have lined up goodies for consumers. Make sure to check if there are offers with your credit and debit cards as well.
Even in the first five months of the current fiscal, home loan outstanding of banks has clocked double-digit growth, despite the Reserve Bank raising the key interest rate thrice during this period by a whopping 140 basis points (bps), which led to a hike in the home loan rate.
Despite RBI’s 50-bps rate increase, ten banks and housing finance companies continue to offer interest rates of up to 8.1 percent on floating-rate home loans, considered to be cheapest in the market.
Gross of transfers through interbank participation certificates and bills rediscounted, the bank's advances grew by around 25.8 per cent over September 30, 2021