Tag Archives: car loan

SBI to raise interest rate on car loans

Posted on February 2, 2012 by Reserch team

State Bank of India (SBI) will increase the interest rate on car loans by at least 50 basis points from tomorrow to bring these in line with competing banks. A senior SBI official dealing with the retail business confirmed the … Continue reading →

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Home & auto loans to get costlier as RBI hikes interest rate by 25 bps

Posted on October 25, 2011 by Reserch team

MUMBAI: All loans are set to become costlier as the Reserve Bank on Tuesday increased the key interest rate by 25 basis points to check rising prices, at the risk of sacrificing some growth. This is the 13th time the … Continue reading →

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50% hike in 18 months — loan making it difficult to feel at home

Posted on October 17, 2011 by Reserch team

Property rates are, of course, the most important consideration while buying a home, but home loan rates, too, play a significant role in the years that follow the purchase. With 90 per cent of home loan customers opting for floating … Continue reading →

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Indian banks in for more trouble on rising bad loans

Posted on September 27, 2011 by Reserch team

Woes for the banks in India are far from over. Bank Nifty is down 11.6 percent in the last six months. And no one is yet confident that the Reserve Bank  of India is done with increasing policy rates. The … Continue reading →

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To push car loans, public sector banks dole out dealer dollies

Posted on September 23, 2011 by Reserch team

Next time you walk into a car showroom, don’t be surprised if someone tries to sell you a loan from one of the public sector banks. So far, the auto loan segment has been dominated by private sector banks as … Continue reading →

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