Tag Archives: car loans

Indian banks in for more trouble on rising bad loans

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

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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Loans to become costlier as RBI hikes repo rate

The RBI on Tuesday hiked short-term lending and borrowing rates sharply by 50 basis points for the third time in three months to tame high inflation, a move that would make all personal and corporate loans more expensive.

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Home, car loans set to cost more

MUMBAI: Home and auto loans are set to get more expensive for individuals while corporates will have to pay more on their borrowings with the Reserve Bank of India raising interest rates yet again. In its bid to control inflation, now … Continue reading

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Home, auto loans set to get costlier

MUMBAI: If you were eyeing that dream house or a swanky set of wheels, prepare to shell out a little more. Home loans, auto loans and loans to businesses are set to get expensive with the Reserve Bank of India increasing its key policy rates by … Continue reading

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