Personal Loans

Bank of Baroda cuts interest rates by 75 bps to 7.25% on personal, retail, MSMEs loans

Bank of Baroda on Monday said it has slashed the interest rate on loans for retail, personal and Micro, Small and Medium Enterprises (MSMEs) to 7.25 percent with effect from 28 March

Bank credit growth slips to single-digit low of 8.79% first time this year, reveals RBI data

For the first time this fiscal, bank credit growth slowed to single-digit, printing in at a low 8.79 percent at Rs 97.71 lakh crore in the fortnight to 27 September, according the latest data from the Reserve Bank

Non-metros lead unsecured loan market in volume game; 10.49% increase in lifestyle credit card applications: Report

The average personal loan ticket size in non-metros is Rs 2.80 lakh compared to Rs 2.55 lakh in the metros

Retail lending sees rapid growth in FY18 with loan book rising by 25%, number of accounts by 32%: Cibil data

The report found robust growth in all consumption lending products consumer durable loans, credit cards and personal loans - during the period under review

SBI waives off processing fee on car loans fully, 50% on gold, personal loans

"To bring more smiles to customers and their dear ones, bank has waived 100 percent processing fee on car loans till 31 December, 2017," SBI said.

Indians love credit cards like never before; here's what the 28% spike in outstanding means

The drying up of credit for industries shows that stagnation in economic activities is real on the ground no matter the 7 percent GDP growth released by government statistical office.

Online medium preferred for research on financial products: Report

Today, Google India put together a report on the financial service industry by combining the Google search trends in India...