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EMIs

Budget 2019 likely to impact your EMIs and loan interests

For banks, interest on deposits given to customers is an expenditure. Lending, on the other hand, is a way to earn interest.

Feb 01, 2019, 07:24 AM IST

After RBI push, DCB Bank lowers lending rates

While MCLR has been reduced by up to 0.5 percent, the base rate has been cut by 0.06 percent.

Apr 26, 2016, 14:57 PM IST

SpiceJet launches EMIs payment system for air tickets

Budget airline SpiceJet Thursday offered its customers a convenient post-paid scheme, which allows a flier to make the ticket payment in equated monthly installments (EMIs) at an interest rates as low as 12-14 percent.

Jul 23, 2015, 21:56 PM IST

SBI, Dena, Allahabad, Punjab and Sind banks cut rate; EMIs to come down

In a big relief to home and auto loan borrowers, several banks led by market leader SBI Tuesday slashed lending rates by up to 0.3 percent after RBI cut key policy rate.

Jun 02, 2015, 20:59 PM IST

HDFC cuts home loan rate by 0.2%; EMIs to come down

Country's largest mortgage firm HDFC Friday cut home loan rate by 0.2 percent to 9.9 percent for new as well as existing borrowers.

Apr 10, 2015, 21:42 PM IST

SBI, ICICI, HDFC Bank cut rates, EMIs set to fall

Country's biggest bank SBI and private sector lenders ICICI and HDFC Bank late Tuesday evening cut their base rates by 0.15-0.25 percentage points, a move that could bring relief to corporate and retail borrowers.

Apr 07, 2015, 21:08 PM IST

RBI keeps rate unchanged, disappoints markets, industry

Disappointing markets and the industry, RBI Governor Raghuram Rajan on Tuesday left interest rate unchanged, saying there are no developments to warrant further easing since the unscheduled rate cut about a fortnight ago.

Feb 03, 2015, 12:21 PM IST

RBI's monetary policy review: Key highlights

Highlights of RBI's bi-monthly monetary policy statement.

Feb 03, 2015, 12:16 PM IST

RBI looking for disinflationary process, Budget: Rajan

Talking to media after unveiling its bi-monthly monetary policy review, he said that the further actions will be driven by data.

Feb 03, 2015, 11:29 AM IST

RBI monetary policy review today, will loans get cheaper?

The Reserve Bank of India (RBI), which last month announced a surprise rate cut of 25 basis points after maintaining a hawkish monetary stance for 20 months, is scheduled to undertake its sixth bi-monthly monetary policy review, 2014-15 on Tuesday.

Feb 03, 2015, 03:06 AM IST

No change in EMIs likely as RBI keeps interest rate on hold

The RBI, in its first bimonthly monetary policy statement, left the short-term lending rate or repo rate unchanged at 8 percent and the cash reserve ratio static at 4 percent.

Apr 01, 2014, 12:10 PM IST

Aviva India launches online term plan 'i- Life Secure'

Private insurer Aviva India on Thursday launched new online term plan 'i- Life Secure' with built-in income protection for 15 years.

Nov 21, 2013, 15:35 PM IST

Cut interest rates, keep EMIs at affordable level: FM to banks

Finance Minister P. Chidambaram Saturday called for increased consumer spending as a booster shot to the sagging economy and asked bankers to lower EMIs (equated monthly instalments) for consumer durable loans.

Aug 18, 2012, 16:24 PM IST

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.

Dec 29, 2011, 14:06 PM IST

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.

Dec 29, 2011, 14:06 PM IST

Home loan seekers can save up to Rs 10K on EMIs

Home loan seekers can save up
to Rs 10,000 on their monthly repayments for one year as the
government today approved one per cent interest subsidy for
houses that cost less than Rs 20 lakh.

Sep 10, 2009, 22:55 PM IST