SBI Hikes Lending Rates With Effect From Today; Loans Get Costlier
New Delhi: The largest lender in the country, Bank Negara India has decided to increase its marginalized costs from loan rates (MCLR) with loans with 10 basis points or 0.10…
HDFC Bank Q2 retail loans up 13% YoY
Retail loans of private sector lender HDFC Bank grew around 13 percent in Q2FY22, when compared with September 30, 2020. Retail loans rose5.5 percent from June 30, 2021, the bank…
RBI issues Master Direction on loan transfer
The Federal Reserve Bank on Friday issued Master Direction on loan transfer, requiring banks and other lending institutions to possess a comprehensive board-approved policy for such transactions. Loan transfers are…