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The Reserve Bank of India will decide whether to trim the key interest rates or keep them at the same level after the meeting of the Monetary Policy Committee
Banks are offering pandemic special personal loan up to Rs 5 lakh from June onwards
Gold loan-focused non-banks like Manappuram Finance have auctioned a record 1 tonne, worth Rs 404 crore, of the pawned gold in the last quarter of 2020-21
Business loan, oxygen plant loan, restructuring of loans are also in the cards to combat the second wave more effectively
The combination of a need to have a safer place outside the city-wide crowd, remote working being the new normal and low home loan rates are creating an ideal environment for Indians to invest in second homes
You don’t have to withdraw money or break the FD. It remains as it is. It is merely pledged to the bank
Those eligible can get up to Rs 20 lakh loan against equity shares
Ideally, your home loan EMI outflow should not be more than 30-40% of your income
Touchless personal loans are digital or app-based loans through which one can avail loans from licensed NBFCs, banks and other financial institutions
Overdrafts allow you to continue withdrawing from your savings or current account even after your balance is zero