Finance blog

Banking

Strategies to lower interest rates on loans

These days, loans are available for almost anything you want, be it a home, car or other necessities and luxuries alike. Loans are also becoming cheaper steadily with the Reserve Bank cutting its key policy rate by 25 basis points. Banks had already started lowering home loan interest rates post the demonetization exercise and rates […]

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Banking Regulation bill passed by Rajya Sabha

The Parliament has today passed a bill empowering the Reserve Bank of India (RBI) for tackling stressed assets in the banking sector which have already gone up to Rs.8 lakh crore in terms of overall liabilities. The Banking Regulation (Amendment) Bill, 2017 was earlier passed through a voice vote in the Rajya Sabha and will […]

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