Loan Restructuring124 views
Keeping in line with the RBI’s Resolution Plan, Canara Bank has announced its One-time Restructuring Scheme for those borrowers who are affected financially by the COVID-19 pandemic. As you know that the previous 6-month moratorium provided by the... Read More
Loan Restructuring161 views
As you all know that the moratorium period provided by the Reserve Bank of India (RBI) ended on August 31, 2020. Within this period, RBI allowed customers to not pay their loan installments. However, lenders kept charging interest on that amount.... Read More
Loan Restructuring149 views
The COVID-19 related disruptions have impacted the financials of many individuals who have taken loans from banks or financial institutions. To give some relief to such customers, the Reserve Bank of India (RBI) provided a Moratorium period until... Read More
Loan Restructuring636 views
Keeping in line with the Reserve Bank of India’s (RBI) Resolution Plan for borrowers affected financially by the COVID-19 pandemic, Axis Bank has also provided its own Resolution Framework. This framework is rolled out to help borrowers by... Read More
Loan Restructuring541 views
Responding to RBI’s call for restructuring loans of borrowers facing loan payment issues due to COVID-related stress, ICICI Bank has announced that it will extend the repayment period of credit facilities by upto 24 months. By extending the... Read More
Loan Restructuring318 views
In March 2020, the Reserve Bank of India (RBI) provided a Moratorium Period to the borrowers that continued until August 31, 2020. During this period, borrowers had the option to not pay their loan installments without any worry about credit scores.... Read More
Loan Restructuring316 views
The Reserve Bank of India (RBI) has announced the Resolution Plan for borrowers affected by the COVID-19 pandemic. The largest lender of our country, State Bank of India (SBI), decided to be the first to follow suit and launched an exclusive online... Read More
Loan Restructuring443 views
Although the Reserve Bank of India (RBI) did not extend the moratorium of retail loans from August 31, 2020, in its last monetary policy meeting held on 4-6 August this year, it has allowed banks to do the one-time restructuring of all retail loans... Read More
| Personal Loan Interest Rates October 2020 | |
|---|---|
| Fullerton India | 14.00% - 33.00% |
| HDFC Bank | 10.75% - 21.45% |
| ICICI Bank | 10.75% - 18.49% |
| IndusInd Bank | 11.25% |
| Kotak Bank | 10.99% - 20.99% |
| RBL | 17.50% - 24.00% |
| Standard Chartered Bank | 11.00% - 15.00% |
| Tata Capital | 10.99% - 18.00% |
| Home Loan Interest Rates October 2020 | |
|---|---|
| Axis Bank | 7.75% - 8.55% |
| Bank of Baroda | 7.00% - 8.40% |
| Citibank | 8.20% |
| HDFC | 6.90% - 7.65% |
| ICICI Bank | 6.95% - 8.05% |
| Indiabulls Housing Finance Limited | 8.80% - 11.05% |
| Kotak Bank | 7.20% - 9.30% |
| LIC Housing | 6.90% - 7.90% |
| Piramal Capital & Housing Finance | 9.00% - 9.10% |
| PNB Housing Finance | 7.90% - 9.20% |
| Reliance Home Finance | 8.75% - 14.00% |
| State Bank of India/SBI | 6.95% - 7.60% |
| Tata Capital | 9.20% - 9.35% |