Page 2 - Personal Loan

A snapshot of personal loan rates offered by various banks with details

Here is how personal loan rates offered by various banks stack up

Indian banks ask fintech partners to limit tiny personal loans: Report

Several smaller fintechs have tie-ups with banks and non-bank finance companies for small-ticket personal loans

SBI sees minimal impact of tighter RBI's rules for personal loans

SBI's capital adequacy ratio stood at 14.28% as of September end

New RBI norms to make personal loans costlier: Check rates of top lenders

A hike in risk weights may lead to higher interest rates and reduced access to credit for consumers as banks adjust lending practices to meet increased capital requirements

RBI tightens norms on consumer loans, raises risk weight on credit exposure

Personal loan and Credit Cards loan may become costly

Lenders prefer salaried individuals with steady income for personal loans

While more than 25% of salaried borrowers have an excellent credit score of 770 and above, only 14% of self-employed consumers have such strong credit score profiles

Table on personal loan rates and terms of various companies

If you need a personal loan anytime soon, consider the table by Paisabazaar.com for your needs.

Equitas Small Finance Bank to venture into personal loans segment

Private sector Equitas Small Finance Bank Ltd has plans to foray into credit cards and personal loan segments as it expects to build a consumer finance portfolio, a top official said. Equitas Small Finance Bank was also investing in developing a mobile application to serve merchants and help improve their business operations. Equitas Small Finance Bank reported a 97.1 per cent jump in its profit after tax (PAT) for the April-June 2023 quarter at Rs 191.20 crore. The bank had registered a net profit of Rs 97 crore during the corresponding quarter of the previous year. "In the coming years, we plan to build our consumer finance portfolio by foraying into credit cards and personal loans which will further help increase stability through a diversified loan portfolio," said Arun Ramanathan, the bank's Part-Time Chairman and Non-Executive Independent Director. The bank would work on offerings like forex cards, Foreign Currency Non-Resident (FCNR) deposits, and remittances, among others,

RBI issues norms for late fee payment of EMI for personal loan borrowers

The Reserve Bank on Friday asked banks to provide fixed interest rate option to individual borrowers and directed the lenders to levy only reasonable penalty charges in case of default in EMI payments. The two decisions are expected to provide a relief to the borrowers amid rising interest rates and most of the retail loans being on floating rates now. In a directive to banks and NBFCs, including housing finance companies, the Reserve Bank of India (RBI) said that several consumer grievances have been received in relation to elongation of loan tenor or increase in EMI amount with regard to EMI-based floating rate personal loans, without proper communication or consent of the borrowers. Interest rates have risen since May last year as the central bank hiked the repo rate to tame high inflation. As a result of 250 basis points increase in the repo rate from May 2022 till February this year, a large number of borrowers are facing negative amortisation, wherein the Equated Monthly ...

Unable to get a loan? Build a proper credit history with secured card

First-time borrowers should start a fixed deposit and get a credit card against it

Goldman Sachs offloads $1 bn of personal loans from Marcus to Varde

Goldman last year stopped personal loans under the Marcus brand and decided to wind down the $4.5 billion loan portfolio

Carl Icahn gets breathing room from lenders after Hindenburg attack

A principal repayment of $500 million is now due on or before September 1, according to a filing

A snapshot of personal loan rates offered by various banks with details

Here is how the personal loan rates offered by various banks stack up

Google took action against 3,500 personal loan apps in 2022 in India

Globally, Google prevented 1.43 million policy-violating apps from being published on Google Play

A snapshot of personal loan rates offered by various banks with details

Here is how the personal loan rates offered by various banks stack up

A snapshot of personal loan rates offered by various banks with details

Here is how the personal loan rates offered by various banks stack up

SBI personal banking loan book up Rs-5 trn mark, helped by digital push

Next Rs one trillion of non-home retail loans by Q3FY24

Top 5 Reasons Why You Should Let Personal Loans Handle Those Big Purchases

.

What is the eligibility to get the 5 Lakh Personal Loan Online?

.

Best Bad Credit Loans Guaranteed Approval With No Credit Check

The Best Personal Loans for Bad Credit in 2022