Covid-19 scare: RBI offers 3-month moratorium on EMIs and Credit Card Payments
When the entire country is locked down to prevent the spread of coronavirus, it is obvious that many people will […]
Financial Planning, Opinion
MCLR
Home Loans from October 1, 2019, to be linked to External Benchmark
The Reserve Bank of India has issued a circular dated September 4, 2019, making it mandatory for all new floating
Decoding MCLR: Should you switch from Base Rate to MCLR?
Reserve Bank of India has directed all scheduled commercial banks to shift to MCLR (Marginal Cost of Funds based Lending
Opinion
Banks may not be passing MCLR cuts to new Home Loan Borrowers
A reader of this blog, Pradeep, highlighted an important issue about MCLR recently. He pointed out that the a few
Financial Planning, Opinion
8 things to know about MCLR
Starting April 1 this year, all new floating rate loans moved to MCLR regime. MCLR stands for Marginal Cost of