BANK LOAN

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RBI Repo Rate: Loan EMI May Become Expensive

An important meeting of the Reserve Bank of India is to be held next week amid the impact of inflation in the country. Many important issues are to be discussed and decided in the meeting of the Monetary Policy Committee. People knowledgeable in the matter say that in the meeting, the RBI can decide to …

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Want To Close Personal Loan Pre-maturely? Know Effect On Your Credit Score

Want To Close Personal Loan Pre-maturely? Know Effect On Your Credit Score

In today’s time, the process of taking personal loan is very easy. For this, you can apply even sitting at home, or you can also apply for a personal loan by filling some minor documents by visiting the bank. You have to pay some interest every month on the loan, which can be a bit …

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RBI asks HDFC to stop new digital business launches and avoid adding new Credit Card customers

RBI to conduct first-ever Open Market Operation purchase of State Developments Loans on October 22

Reserve Bank of India will conduct its first-ever Open Market Operation (OMO) purchase of State Developments Loans (SDLs) on 22nd October. The OMOs worth ten thousand crore rupees will be conducted as a special case during the current financial year with an aim to improve liquidity and facilitate efficient pricing. The size of the auctions …

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