Tag Archives: personal loan

Growth in personal loans slows to 12.3%

Posted on February 2, 2012 by Reserch team

Mumbai: Sectoral credit data from the Reserve Bank of India (RBI) shows that the growth in personal loans has slowed to 12.3% y-o-y in December from 13.4% y-o-y growth posted in November. Since April, 2011, when loans to this category … 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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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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Muthoot group forays into home loans for low income group

Posted on April 1, 2011 by Reserch team

The 20,000 crore  Muthoot Pappachan Group (MPG) on Tuesday said it was getting into the home loan business, with a focus on low income clientele. Muthoot Housing Finance will operate as a 100% subsidiary of Muthoot Fincorp, a non-banking finance … Continue reading →

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Pay higher EMIs for your home loan

Posted on March 17, 2011 by Reserch team

This is not the best time for home loan borrowers. Banks are hiking home loan rates and the spate of hikes just doesn’t seem to be coming to an end. If you have been a prudential borrower and kept home … Continue reading →

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