The Reserve Bank of India (RBI) recently announced a reduction in the repo rate, which has prompted several banks to lower their loan interest rates. This shift is set to make equated monthly installments (EMIs) for home, auto, and MSME loans more affordable. In this article, we will explore which banks have reduced their lending ...
The recent decision by the Reserve Bank of India (RBI) to reduce the repo rate has stirred discussions across the banking sector. As of today, the repo rate has been cut from 6.50% to 6.25%, a move that experts had long anticipated. This decrease in the repo rate generally leads banks to lower their Marginal ...
In recent times, peer-to-peer (P2P) lending has gained significant traction as a viable investment avenue for individuals seeking higher returns compared to traditional methods. The rise of platforms like MobiKwik Xtra has enabled investors to connect directly with borrowers, providing a seamless and transparent financial solution. This article explores the experiences of two businessmen from ...