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Equated Monthly Installments
India  /  Published 04.08.20

Lockdown: Hoteliers in Odisha send SOS to RBI

The hoteliers of Odisha have sought the urgent intervention of RBI governor Shaktikanta Das after being hit hard by the Covid-19 pandemic and are unable to pay the EMI on their loans. Chairman Hotel ...
By Subhashish Mohanty in Bhubaneswar

Business  /  Published 01.04.20

Leeway for states, exporters

The RBI on Wednesday announced a raft of measures to bolster the economy, with exporters and states getting major leeways even as it delayed the implementation of counter-cyclical capital buffers for...
By Our Special Correspondent in Mumbai

Business  /  Published 07.06.20

Three questions for investors

The situation we are currently in requires tough choices. Incomes have shrunk and unemployment has risen. Households and businesses alike have cash flow challenges. Therefore, how you use your cash in...
By in

Business  /  Published 07.04.20

SBI cuts retail loan rates

State Bank of India (SBI) on Tuesday reduced the marginal cost of funds based lending rate (MCLR) by 35 basis points across all tenors.Most consumer loans are linked to MCLR, and this is one of the sh...
By Our Special Correspondent in Mumbai

Business  /  Published 17.05.20

EMIs: How to tackle moratoriums

In late March, the Reserve Bank of India announced a three-month moratorium on loan payments. This provided relief to those unable to pay their EMIs and credit card dues having lost their income in th...
By Adhil Shetty in

India  /  Published 02.02.20

Realty recoils at budget plan

Real estate has been in the doghouse for a while — and was hoping to limp out of it, anticipating a few tax breaks in Saturday’s budget.Finance minister Nirmala Sitharaman has dashed those hopes.W...
By Sambit Saha in Calcutta

Business  /  Published 10.06.20

Banks in lending rate cut rush

A clutch of banks, public and private, announced cuts in their marginal cost of funds-based lending rate (MCLR) on Wednesday, which will lower EMIs on eligible home loan accounts linked to MCLR.HDFC B...
By PTI in Mumbai

India  /  Published 02.04.20

Govt: 20 existing, 22 potential hotspots

The Union health ministry on Thursday said it has identified 20 existing and 22 potential hotspots of Covid-19 in the country and asserted that although there is no evidence of widespread community tr...
By PTI in New Delhi

Business  /  Published 03.11.19

Interest rates on loans are at a decade low

Interest rates on loans have fallen to decadal lows. The lowest advertised home loan rate at the moment is 7.95 per cent per annum. So, it is not just a good time to take new loans but also to make pr...
By Adhil Shetty in

Business  /  Published 01.04.20

Fineprint pain in loan moratorium

Bank borrowers were buffeted with a flurry of dos and don’ts from the lenders on the three-month loan moratorium — with analysts warning the 90 day waiver means greater payout in the end.Banks th...
By Our Special Correspondent in Mumbai


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