Consumer Loans

PSU banks cut rates on retail loans, but you should be wary

Dena Bank Ltd has a home and car loan combo deal where home loan will be a 10.25 percent while car loan would be 11.75 percent. While the bank's corporate salary account holders would get consumer durables at a discount of 100 basis, at 12 percent.<br /><br />

No cut in home loans but SBI slashes rates on car, consumer loans

State Bank of India (SBI) on Wednesday reduced interest rates on loans for car and consumer durables and also decided to lower processing charges to cash in on the festival season demand.

Feel-good, cheap consumer loans: Who is the govt trying to fool?

Cheap loans for two-wheelers and durables is not the right way to revive consumer spending.