EMI

HDFC Bank offers EMI relief to borrowers, cuts lending rate by 0.05%

Private sector HDFC Bank has cut lending rate by 0.05 percent, a move which will lower EMI for its new borrowers.

Jun 08, 2016, 19:46 PM IST

Full Text: Fifth Bi-monthly Monetary Policy Statement 2015

Read the Full text of RBI policy.

Dec 01, 2015, 12:26 PM IST

RBI offers no EMI relief to borrowers, keeps interest rates unchanged

The Reserve Bank of India (RBI) on Tuesday kept interest rates unchanged at its bi-monthly monetary policy review amid lingering concerns over inflation, after having already cut the repo rate by a sharper 50 basis points at its last meet.

Dec 01, 2015, 10:59 AM IST

India rate cut tempts shoppers to buy new cars, major appliances

India kicks off its two-month religious festive period on Monday, a time considered auspicious to buy big-ticket items such as cars, and when promotions abound.

Oct 14, 2015, 13:34 PM IST

Now, get Lenovo laptops, PCs on interest-free EMI

Aiming to increase its market share in the country, computers and mobile phones manufacturer Lenovo today announced an initiative under which its PCs and laptops would be offered with interest-free EMI option.

Sep 22, 2015, 19:19 PM IST

Interest on loans not to come down as RBI keeps interest rates unchanged

RBI in his third bi-monthly policy of the fiscal, left benchmark lending (repo) rate unchanged at 7.25 percent as also the cash reserve ratio (CRR) at 4 percent.

Aug 04, 2015, 13:07 PM IST

Citi cuts base rate to 9.35%

Citi on Tuesday became the first overseas bank in India to lower base rate, which it slashed by 15 basis points to 9.35 percent, citing falling interest rates.

Jun 30, 2015, 20:44 PM IST

United Bank of India cuts lending rate by 0.1%

State-owned United Bank of India (UBI) Tuesday reduced lending rate by 0.1 percent to 9.90 percent, a move which will lower EMIs for its borrowers.

Jun 09, 2015, 23:29 PM IST

Home, auto EMIs to remain intact, as RBI retains interest rates

Reserve Bank of India (RBI) left key interest rates unchanged in its third bi-monthly monetary policy review Tuesday.

Aug 05, 2014, 13:11 PM IST

Home loan EMI of affordable houses may fall by 8-10%: KPMG

EMI on home loans is expected to come down by 8-10 percent following the RBI's move to ease norms for banks to raise long term funds for financing affordable housing projects, consultant KPMG said on Wednesday.

Jul 16, 2014, 20:54 PM IST