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Importance of Credit Reports for Companies & Businesses

Credit reports are as important to companies and businesses as individual borrowers. The company’s balance sheet and overall performance are assessed by the agencies before assigning them a credit rating that can be seen in the report. The report can help companies improve their performance by making subtle changes in business strategy. The improved financials would thus reflect positively into the credit report and open the way for fresh credits for entities, which can use the finance to chart a new growth trajectory and compete strongly in the market.

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Personal Loan Interest Rates September 2021
Fullerton India14.00% - 24.00%
HDFC Bank10.25% - 17.00%
ICICI Bank10.50% - 17.50%
IndusInd Bank11.00% - 23.00%
Kotak Bank10.75%
RBL17.50% - 26.00%
Standard Chartered Bank11.00% - 12.50%
Tata Capital10.49% - 14.25%
Home Loan Interest Rates September 2021
Axis Bank6.90% - 8.55%
Bank of Baroda6.75% - 8.35%
Citibank6.65% - 7.40%
HDFC6.70% - 8.00%
ICICI Bank6.70% - 7.55%
Indiabulls Housing Finance Limited8.65%
Kotak Bank6.60% - 7.20%
LIC Housing6.66% - 7.90%
Piramal Capital & Housing Finance9.65%
PNB Housing Finance7.20% - 8.90%
Reliance Home Finance8.75% - 14.00%
State Bank of India/SBI6.70% - 6.90%
Tata Capital6.90% - 8.75%