The Reserve Bank of India (RBI) has taken the lead in terms of emphasizing on digital banking in the country. It has ushered in several reforms already with many more lined up for the near future. The RBI has already been playing a pro-active role in the current scenario, having cut the key policy repo […]
Financial Planning & Advisory
Should you make a new investment or use surplus funds to pay off your current home loan?
One of the biggest questions plaguing most home loan borrowers is whether to repay their home loan earlier with surplus funds (read bonuses/windfall gains) or whether to invest the same in investing anew for the future. The entire perspective can be truly subjective in this case but there are a few things that you must […]
5 hidden aspects that can reduce your credit score and increase home loan interest rates
Ever wondered why your home loan interest rates seem to be increasing without any apparent reason? Well, you must have guessed that your credit score has come down and it could be due to a few hidden factors which one would never realize otherwise. Your bank has the power to change the rate of interest […]
United Bank of India ties up with Srei Equipment Finance for jointly offering loans
United Bank of India has been making headlines lately for its proposed amalgamation into Punjab National Bank (PNB) along with OBC (Oriental Bank of Commerce) in the near future. The bank has also set the foundation for a pioneering collaboration of sorts, by tying up with NBFC Srei Equipment Finance for offering loans jointly to […]
Will new home loan borrowers instantly benefit from the RBI’s latest rate cut?
New home loan borrowers are gung-ho about the latest round of repo rate cuts by the Reserve Bank of India (RBI) since this will naturally equate to lower rates of interest on their loans. The big question here is that will they benefit immediately from this latest round of repo rate cuts? That is for […]
