Rachna had just started working as a junior manager in an MNC. She had long dreamt of owning her own house. She approached her bank manager, who told her to go for a step-up scheme provided by the

ICICI Bank, India's No. 2 lender, has raised auto loans by 25-50 basis points for different tenors and segments, effective from March 5, a spokesman said on Thursday. The bank has also

Signalling a hardening of interest rates, private sector banks have started raising retail lending rates. ICICI Bank, the country's largest private sector lender, says it is going to charge 25 to 50

1. What is a teaser home loan ?Teaser home loans are generally introduced into the lending system to serve a specific function, much like the super sopper we see doing the rounds on a wet cricket

Banks want a guarantor for educational loans of Rs 4 lakh and even a collateral for amounts exceeding Rs 7.5 lakh.With the exam season back, many students are already getting ready for various exams

Banks' teaser rate offers for home loans have failed to attract new borrowers. These schemes offer a low fixed interest rate for the first few years and a floating rate after that. Latest data

Mumbai: Home and auto loan customers will have to shell out more with several public sector banks including the State Bank, Punjab National Bank and Bank of India (BoI) deciding to end the

Amid a debate over teaser rates, bankers are believed to have turned down the RBI's suggestion to extend the cheaper home loans to existing customers saying that the move will impact their bottom

The Reserve Bank of India (RBI) has asked banks to enable existing home loan borrowers to benefit from lower rates along with new customers, a senior official of the Indian Banks' Association (IBA)

The Reserve Bank of India (RBI) has come down heavily on banks for lack of transparency on retail loan pricing and asked them why the benefit of a lower interest rate hasn't been passed to existing