What is Interest Rate and How to Calculate it?
Interest rates play a significant role in finance, and even if you haven’t taken a loan yourself, you’ve…
RBI Monetary Policy: A Guide to India’s Financial Backbone
The Reserve Bank of India (RBI) plays a significant role in shaping the economic landscape of the country…
How to Get a Loan Against LIC Policy: Rates, Eligibility, and Process Explained
Have you ever wondered how to manage your financial well-being when the need arises? One solution is a…
SBI Short-Term Loan Interest Rates Cut As Bank Reduces MCLR by 25 bps
The State Bank of India (SBI) has revised its marginal cost of funds-based lending rate (MCLR) for loans,…
Term Loans: Types, Features & Eligibility
If you are looking for a loan that can meet your financial requirements and then repay it back…
What is Base Rate?: Its Meaning, Applicability, Calculation and More!
The base rate, set by the Reserve Bank of India (RBI), represents the minimum interest rate that banks…
Loan Prepayment Charges and How They Affect You?
Imagine working tirelessly to repay your home loan, eagerly awaiting the day you’ll finally be free of EMIs…
RBI Launches Unified Lending Interface (ULI) to Simplify Loan Approvals
RBI to Introduce Unified Lending Interface (ULI) RBI Governor Shaktikanta Das has announced the launch of the Unified Lending…
What Is a Personal Loan Overdraft Facility and Should You Go For It?
Are you considering taking out a personal loan but want more flexibility in managing your finances? A personal…
Inflation Rate in India 2024: Current Trends and Analysis
Today, one of the key areas of focus in India is the rising inflation rate. With the rapid…