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Articles for Borrower, search results for lender

RBI proposes norms for aggregators of loan products
7 months, 3 weeks ago

RBI proposes norms for aggregators of loan products

Deccan Chronicle  

FALAKNAAZ SYED Mumbai, April 26 The Reserve Bank of India on Friday said that lending service providers, acting as agents of banks, should provide a digital view of all the loan offers available with them to the borrower to help them make an informed decision. The central bank said that it has observed that many of the LSPs offer aggregation …

Rbi Lenders Shall Borrower Lsp Loan Products Loan Offer
RBI has said that banks and NBFCs will have to release property documents withing 30 days of repayment of a loan
1 year, 3 months ago

RBI has said that banks and NBFCs will have to release property documents withing 30 days of repayment of a loan

Op India  

In a big relief for borrowers, the Reserve Bank of India informed that banks and Non-Banking Financial Corporations have to release documents of properties and collateral mandatorily within 30 days of settling a loan. * Have to remove encumberance within 30 days, and return docs * Docs can be returned from any branch, not just home branch of customer * …

Property Documents Loan Rbi Banks Release 30 Days
A Petition Against A Corporate Guarantor Cannot Be Dismissed Simply Because A Resolution Plan For The Corporate Debtor Is Under Consideration: NCLT Mumbai
1 year, 7 months ago

A Petition Against A Corporate Guarantor Cannot Be Dismissed Simply Because A Resolution Plan For The Corporate Debtor Is Under Consideration: NCLT Mumbai

Live Law  

The National Company Law Tribunal, Mumbai Bench, comprising Shri Kuldip Kumar Kareer and Smt. Edelweiss Asset Reconstruction Company Limited vs Sadguru Multitrade Private Limited has held that insolvency proceedings can be initiated against both the Corporate Debtor and Corporate Guarantor simultaneously and a petition against a Corporate Guarantor cannot be dismissed simple on the ground that a Resolution Plan is …

Corporate Financial Resolution Corporate Debtor Loan Resolution Plan Tribunal
How does loan against property helps a borrower?
2 years ago

How does loan against property helps a borrower?

Live Mint  

There are two types of loans, firstly secured and secondly unsecured. Loan against property falls under the secured loan category where a borrower offers his or her commercial or residential property as collateral to borrow a certain amount from a lender either by banks or other financial services providers. Longer repayment tenure: In comparison to a personal loan, LAP usually …

Business Property Borrower End Use Loan Lap Secured Loan
Transferring your home loan balance? Avoid these mistakes to save more
2 years ago

Transferring your home loan balance? Avoid these mistakes to save more

Live Mint  

Home loans are one of the best mediums seen to help a citizen purchase their dream house. A home loan balance transfer is usually the transfer of outstanding loan amounts from one lender to another. Usually, a home loan balance transfer is done to achieve lower interest rates, better tenures, or even better services. Although, transferring a home loan balance …

Transfer Home Loans Interest Lender Borrower Emis Loan Balance
Metro Bank assures over borrower resilience as it cheers returning to profit
2 years, 1 month ago

Metro Bank assures over borrower resilience as it cheers returning to profit

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy High street lender Metro Bank …

Bank Metro Sign Metro Bank
HDFC raises lending rate by 5 basis points, EMI to rise for existing borrower
2 years, 7 months ago

HDFC raises lending rate by 5 basis points, EMI to rise for existing borrower

Firstpost  

Interest rates are expected to harden in the coming months as global inflationary fears have been stoked due to geopolitical tensions New Delhi: Mortgage lender HDFC Ltd on Sunday raised its benchmark lending rate by 5 basis points, a move that will increase EMI for existing borrowers. “HDFC increases its Retail Prime Lending Rate on Housing loans, on which its …

Emi Hdfc Lending Rate 5 Basis Points
What is a collateral loan?
2 years, 8 months ago

What is a collateral loan?

Business Standard  

Loans broadly fall into two categories. An unsecured loan is released based on the creditworthiness of the borrower and is generally provided to those with high credit scores. Unsecured loans could be a revolving loan product that contains a credit limit such as a credit card or a term loan, where a lump sum amount is given to the borrower, …

Loan Your Home
How to evaluate a lender when availing a top-up home loan
3 years, 8 months ago

How to evaluate a lender when availing a top-up home loan

Live Mint  

Top-up home loans help you fund big expenses such as wedding and education. If you avail a top-up home loan from your existing lender, the interest rate could be higher than the home loan rates for new customers. For example, if a new customer gets a home loan at 7.25%, the top-up home loan for the existing customers from the …

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