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SBI increased MCLR by 5-10 basis points: Will loans now be costly?

By honey December 16, 2023 No Comments

The State Bank of India (SBI) announced on Friday, December 15, a 5–10 basis point rise in the marginal cost of funds-based lending rate (MCLR)…

View More SBI increased MCLR by 5-10 basis points: Will loans now be costly?
Maximum loan amount for gold rose from 2 lakh to 4 lakh
Economy & Tech

Maximum loan amount for gold rose from 2 lakh to 4 lakh: How would this help?

By honey October 6, 2023 No Comments

According to Shaktikanta Das, it has been decided to raise the current maximum for Gold Loans under the Bullet Repayment programme for Urban Co-operative Banks…

View More Maximum loan amount for gold rose from 2 lakh to 4 lakh: How would this help?