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Auto loans News

19 Nov 2022

What happens to loans after the death of borrower? Check here

Under what conditions does the bank have the right to recover money from the heirs of the borrower? Let us figure out the answers to these questions.

07 Feb 2019

5W1H: Home and Auto loans may get cheaper after RBI cuts key lending rates

The Reserve Bank of India (RBI) on Thursday cut benchmark lending rate by 0.25% to 6.25% on expectation of inflation staying within its target range, a move that may make home and other loans cheaper.

Rate cut bandwagon

06 Jan 2017

Rate cut bandwagon: 3 more banks slash lending rates by up to 1%

Three more banks including Syndicate Bank and Citi India on Friday reduced benchmark lending rates by up to 1 percent, joining others in the rate cut bandwagon.

05 Jan 2017

Bank of Baroda joins rate cut bandwagon, slashes lending rates by up to 0.75%

Joining the rate cut bandwagon, Bank of Baroda on Thursday lowered its lending rates by up to 0.75 percent -- which will lead to cheaper home and corporate loans.

04 Jan 2017

Rate cut bandwagon: HDFC Bank, Canara Bank cut lending rates by up to 0.9%

Home and other loans are all set to be cheaper as major banks such HDFC Bank and Canara Bank joined the rate cut bandwagon by cutting lending rates up to 0.9 percent.

04 Jan 2017

HDFC Bank joins rate cut bandwagon, cuts lending rates by up to 0.9%

Joining the rate cut bandwagon, HDFC Bank, Wednesday lowered its lending rates by up to 0.9 percent -- which will lead to cheaper home and corporate loans.

03 Jan 2017

Loans cheapest in 6 years: HDFC, Bank of India cut lending rates by up to 0.9%, Indiabulls follows suit

Housing, auto and corporate loans are all set to become cheaper with several PSU and private banks steeply reducing benchmark lending rate by up to 1.48 percent after spurt in deposits following demonetisation.

02 Jan 2017

New Year gift: Home, auto loans set to be cheaper

Share Bazar, Mandi Live, Aap Ka Bazar, First Trade, Big Debate etc.

02 Jan 2017

Home, auto loans cheapest in 6 years as SBI, PNB, ICICI cut lending rates by up to 0.9%, other banks follow

ICICI Bank on Monday reduced benchmark lending rate by 0.7 percent across various maturities.

11 Oct 2016

Punjab National Bank makes home, auto loans attractive for government employees

To cash in on the 7th Pay Commission payout to government employees, state-owned Punjab National Bank(PNB) is offering them home and auto loans at attractive rates of 9.3-9.8 percent beginning this month.

RBI bi monthly statement

29 Sep 2015

Download: RBI 4th bi-monthly Monetary Policy Statement for 2015-16

12 Jun 2015

Home, auto loans likely to come down further; FM expects more rate cuts by banks

EMIs of home, auto and other loans are likely to come down further with Finance Minister Arun Jaitley on Friday saying that banks have promised greater rate cuts in the coming days and weeks.

02 May 2015

Bank of India cuts lending rate by 0.25%

The new rate will come into effect from May 4.

04 Mar 2015

RBI slashes lending rate by 0.25%; EMIs on home, auto loans to come down

In its second surprise rate cut within two months, RBI on Wednesday slashed benchmark interest rates by 0.25 percent, a move that may bring down EMIs for home, auto and other loans and give a boost to the economy.

16 Sep 2014

Axis Bank plans festive offers on auto loans, credit cards

Axis Bank, country's third largest private lender, on Tuesday said it will be announcing festive season offers on its auto loans and credit card offerings in the next few weeks.

16 Sep 2014

Axis Bank plans festive offers on auto loans, credit cards

Axis Bank, country's third largest private lender, Tuesday said it will be announcing festive season offers on its auto loans and credit card offerings in the next few weeks.

04 Aug 2014

GM Finance subpoenaed over subprime auto loans

GM Finance says it has received a subpoena from the US Department of Justice for documents related to subprime auto loans.

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