Borrow EMIs

Credit rules festive sales, 3 out of 4 products sold through no-cost EMIs

One out of four purchases made during the Great Indian Festival sales, which kicked off on October 8, were through EMI and three out of four products were sold on no-cost EMIs, said Amazon

Updated On: 05 Dec 2023 | 12:09 PM IST

Will your EMI go up? ICICI Bank and Bank of India raise lending rates

ICICI Bank has increased its MCLR by 5 basis points for all tenures. According to ICICI Bank's official website, the overnight and one-month MCLR rates are now at 8.50 per cent

Updated On: 03 Nov 2023 | 11:44 AM IST

How have the home loan EMIs changed since RBI's repo rate hike in May 2022?

The deposit and lending rates are directly proportional to the repo rate, and they generally go up if the benchmark rate is hiked

Updated On: 10 Feb 2023 | 2:12 PM IST

Life after moratorium, for banks and borrowers

There are enough filters in the Covid-19 loan restructuring scheme to prevent misuse, but is it a tool to delay the growth in banks' bad loans? We will know after two years

Updated On: 06 Sep 2020 | 10:12 PM IST

'Pay when you stay', 'EMI waiver': LICHF's plan offers relief to borrowers

But you need to stay for the entire period of the loan to get this benefit

Updated On: 24 Jan 2020 | 12:51 AM IST

Borrow with margin of safety, EMIs shouldn't exceed 35% of net income

Self-employed borrowers' EMIs should not exceed 35 per cent of their net income and they should also create a contingency fund to deal with income volatility

Updated On: 12 Apr 2018 | 6:41 AM IST