Lower interest rates and the forecast reduction in consumer price inflation to 3.7 per cent for FY26 are anticipated to support vehicle affordability and boost consumer sentiment. Equity markets ...

The move is aimed at including fresh retail and MSME loans from 1 October where home, and auto loans will get cheaper(Photo: Pradeep Gaur/Mint) Mumbai: State-run IDBI ...

The Reserve Bank of India (RBI) on 6 June cut the repo rate ( the interest at which the central bank lends to commercial banks) by 50 basis points (bps) to 5.5%, which has given much needed relief to ...

State-run Union Bank on Friday became the latest state-run bank to offer repo-linked home and auto loans. Already State Bank and seven other state-run banks have announced that their new loans and ...

Seamless reading experience. Save your favourite. India's inflation will hold above the top of the central bank's tolerance band for at least the rest of 2022, longer than previously thought, making ...

Any change in repo rate directly affects Equated Monthly Instalments (EMIs) for different kinds of loans, including the home, auto and personal loans. The Governor of Reserve Bank of India (RBI) ...

To get a sense of how this year’s all-digital Used Car Week will begin, picture a sandwich. If Thanksgiving week is the leftover turkey, stuffing and cranberry sauce, then the weeks of Auto Fin Con ...

It's a boom time for industries that make money off of the financial misfortunes of others. One New York City auto repo man says that for him, times are good, but it wasn't always that way. He tries ...

LIC-owned IDBI Bank on Friday said it has launched home and auto loan product linked to the repo rate. It has also introduced bulk deposits linked to the repo rate in select buckets. The lender is ...