HDFC increases interest rates by 5 basis points

May 01, 2022

New Delhi [India], May 1 : HDFC consumers will pay a higher interest rate on loans as HDFC increased its Retail Prime Lending Rate...

Debt Recovery Bots from Rezo.ai redefine loan collection processes for Banks and NBFCs

Mar 25, 2022

New Delhi [India], March 25 (ANI/NewsVoir): After nearly two years of ups and downs due to COVID-19, the Indian economy finally shows signs of...

India's household debts surge on back of housing loans, rising trend of unsecured lending

Sep 14, 2024

Amid concerns about India's rising household debts a recent report by Care Edge Ratings highlighted that the increase in household debt is primarily driven...

Rs 9 lakh crore home loans disbursed in India in 2022: Report

May 11, 2023

As much as 34 lakh home loans totalling Rs nine lakh crore were disbursed during the year 2022, registering an annual growth of 18...

RBI now mandates Key Fact Statement for all retail, MSME loans

Feb 08, 2024

The Reserve Bank of India (RBI) has extended the requirement of a key fact statement to all retail and MSME loans in a bid...

HDFC reduces prime lending rate by 20 bps to boost loan offtakes

Jun 12, 2020

Mumbai (Maharashtra) [India], June 12 : Housing Development Finance Corporation (HDFC) on Friday reduced its retail prime lending rate on housing and non-housing loans...