Even as the RBI recently allowed banks to provide a three-month moratorium on loans, only the borrowers with genuine liquidity problems should opt for the facility, according to investment experts.
The coronavirus-induced slowdown has affected the finances of many from salaried, self employed to professionals. The biggest burden for them is to continue paying EMIs on their loans. In order to ...
If you have already identified your home and looking for a home loan, here are a few tips. Country’s largest lender State Bank of India (SBI) has announced the reduction in its MCLR by 5-10 basis ...
Perhaps for the first time in several years, the RBI has allowed a 3-month moratorium on all term loans. Here's a cheat sheet on what gets covered and what doesn't. What's a moratorium? In financial ...
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