Applying for auto loan? Keep these documents handy

Applying for auto loan? Keep these documents handy

Here are some important documents that you must keep ready if you are applying for car loan.

RBI rate cut: Auto companies happy, look to banks to pass on benefit

Auto industry welcomed RBI's move to cut key interest rate by 0.25 percentage.

RBI surprises with 0.25% rate cut; EMIs on home, auto loans to come down

In a pleasant surprise, RBI on Thursday cut its policy rate by 0.25 percent in the first reduction in 20 months and promised more, paving way for cheaper home and auto loans as also lower cost of funds for corporate borrowers.

CV loan stress hits new peak at 3% in Q2: India Ratings

Vintage (long maturities) CV loans defaulted faster than other vintages in the year.

Loans to become costlier as SBI raises lending rates by 0.20%

Home, auto and consumer loans are expected to become costlier with the country's largest lender State Bank of India (SBI) raising its lending rates by 0.20 percent with effect from tomorrow.

Govt's cheap loan plan can have adverse effect: Chakrabarty

Even as government plans to prop up demand through lower rates of interest for auto and consumer loans, senior-most RBI Deputy Governor K C Chakrabarty on Friday said this can have an adverse impact on their asset quality as "no one can force" lenders to selectively cut rates.

SBI says Q1 home, auto loan growth 'fairly reasonable'

The State Bank of India Monday said the nation's largest lender has had a "fairly reasonable" growth in auto and home loans so far this fiscal.

RBI policy review: Bankers rule out cut in interest rate this month

Lending rate is unlikely to be cut this month as bankers said that they will wait for further signals from RBI before lowering rates for home and auto loans.

HDFC Bank cuts auto loan rates by upto 0.5%

Taking a cue from RBI's rate cut yesterday, private sector HDFC Bank has decided to slash auto loan rates by upto 0.5 percent.

Loans set to get cheaper as RBI cuts policy rates after 9 months

Home, auto and corporate loans will become cheaper after Reserve Bank on Tuesday reduced the key interest rate by 0.25 percent and decided to inject Rs 18,000 crore liquidity into the system to perk up sagging growth.

Auto loans doubled in Aug: SBI

State Bank of India Monday said its car loan disbursals almost doubled to Rs 900 crore in August, following an interest rate cut.

Car makers await banks to cut interest on car loans

Car makers are hoping that bank will reduce interest rates on car loans following the RBI's cut on lending rates as the industry looks forward to overcome slow growth witnessed last fiscal.

After rates hit roof in 2011, borrowers look to better days

As per banks` latest postings, NPA levels saw 33 percent increase year-on-year for the September quarter. Under the system generated approach, a loan turns NPA on the 91st day of non-payment of EMIs.

After rates hit roof in 2011, borrowers look to better days

As per banks` latest postings, NPA levels saw 33 percent increase year-on-year for the September quarter. Under the system generated approach, a loan turns NPA on the 91st day of non-payment of EMIs.

Punjab & Sind Bank cuts interest rate on new home, auto loans

State-run lender Punjab & Sind Bank has announced lower interest rates for home and auto loans ahead of the festival season.

UBI`s festive offer, cuts interest rates on home, auto loans

Public sector lender Union Bank of
India (UBI) today said that it has reduced interest rates on its housing and auto loans as a part of a festival offer.