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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Big Setback To Loan Borrowers

Loan borrowers have got a big blow from RBI. RBI has not made any change in the repo rate and reverse repo rate. At the same time, it is clear from what has come out in the monetary policy review meeting that there will be no relief in inflation.

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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Alert: More Than 600 Fake Apps Are Giving You Loans. Delete Them Immediately

Alert: More Than 600 Fake Apps Are Giving You Loans. Delete Them Immediately

At present, many cases of cyber fraud have been seen in the country, where many people have become victims of fraud. Actually, there are many such apps, through which fraudsters are cheating people online. According to the report, more than 600 loan giving fake apps (illegal lending apps) are running in the country and these …

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Alert: You May Loss Your Personal Data And Money By Clicking On This Fake Message

Alert: You May Loss Your Personal Data And Money By Clicking On This Fake Message

Fake Message Alert: Social media is a very good tool of information for us, but we should be very careful in its use. One wrong decision of yours leads you to big loss. Do not blindly believe all the information available on social media. Nowadays one such message is becoming viral on social media, in …

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RBI FAQs ON MORATORIUM OF TERM LOANS

>> MINISTRY OF FINANCE (MOF) vide Press Release ID No. 1609820 dated 1st April, 2020 has published FAQ’s on “RBI Allowed Banks to Declare Moratorium on Term Loans.” OVERVIEW : Reserve Bank of India has allowed Banks to declare a three-month moratorium on all term loans outstanding as on March 1, 2020, as well as …

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