Home, auto, personal loans get cheapest in 6 years as banks slash lending rate
Improvement in funds flow after demonetisation, major public sector banks in the country have set off a regime of low interest rates on consumer loans like home and auto loans.
Jan 02, 2017, 12:01 PM ISTBanks agree to transmit RBI's 0.25% rate cut to consumers
In a good news for consumers ahead of Diwali, bankers today promised to swiftly pass on the 0.25 per cent rate cut effected by the Reserve Bank to borrowers, a move that would lower home, auto and corporate loans.
Oct 04, 2016, 23:12 PM IST