LIC Housing Finance Slashes Home Loan Interest To All-Time Low Of 6.9%; But You Need This CIBIL Score The mortgage financier LIC Housing Finance Ltd (LICHFL) has announced on July 22 that the rate of interest for housing loans has…

SBI Reduces Interest On Saving Account, Rs 30 Lakh Crore Of Deposits Will Be Impacted: 5 Facts You Should Know As we had previously informed you that the country’s largest lender State Bank of India, SBI had up with reformed service…

SBI has reduced home loan rates To anyone who’s looking for registering a home loan, there’s good news for you. The country’s largest lender, State Bank of India (SBI) has reduced its home loan rates by 20 basis points. It has actually…

Days ahead of the Loksabha elections of 2019, the RBI announced a reduction in rates for all the banks in India. This clearly meant that the citizens belonging to the middle class of India will be able to enjoy lower rates of interest…

Some sections of the media and Opposition parties have been slamming Modi Govt due to the side-effects of demonetization move. However, the positive effects of this massive economical gamble is now slowly but gradually becoming visible,…

Finally! The agony of homebuyers has been heard by the government. Going forward, for any delay in handing over possession of the property to the buyer, the real estate company will have to pay 11.2 per cent interest on the principle…

Snapdeal seems to be on a roll this year, and everything seems to be falling in place for them. Starting from announcing record-breaking 60 minutes refund policy, which ensured monetary safety for customers, to receiving more than five…

Here is a quick wrap-up of the posts published on trak.in last week. If you for some reason you were offline last week, this wrap-up will a great way to catch up with all the things that happened last week. Time Magazine has…

Finally after 2 years of continuous upward revisions RBI, in its annual monetary policy for 2012-13, slashed the policy interest rates by 50 basis points surprising analysts and markets. They were expecting a rate cut of 25 bps, but RBI…

Before answering the question as to where are interest rates headed, let us first try and understand what determines interest rates and how it affects us. Well as we know that interest rates are determined by RBI, with help of tools like…