The repo rate cut, besides relief for homebuyers and other borrowers, will boost economic growth. Read further on Dynamite News:
In view of skyrocketing prices of Alphonso mangoes, a Pune-based businessman has offered customers a unique facility of easy monthly installments to buy the king of fruits. Read further on Dynamite News:
The State Bank of India (SBI) has raised its marginal cost of funds based lending rate by 10 basis points or 0.1 per cent across all tenures leading to an increase in EMIs for borrowers. Read morw on Dynamite News:
Uttar Pradesh police of Noida sector 58 have arrested two people for stealing data from a finance company and then diverting the Equated monthly installments (EMIs) of customers to their personal accounts.
Former Union finance minister P Chidambaram called the Reserve Bank of India’s (RBI) direction on the deferment of equated monthly instalments (EMIs) as “ambiguous” and “half-hearted”.
ZestMoney, India’s first and largest AI-driven EMI financing platform announced the company’s foray into cash loans with Xiaomi.