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SBI hikes MCLR by 10 bps on all types of loans : Rashtra News #SBI #hikes #MCLR #bps #types #loans State Bank of India, the country's biggest mass lender by assets, has raised its marginal cost of lending rate (MCLR) on all types of retail and institutional loans - for homes, vehicles or corporate purposes

A bogus call centre that offered cheap loans has been busted in Noida, with 8 people arrested. The gang would cheat people by offering them loans, taking money as processing fee, and then sending them forged documents. Find out more about this fraud.

Companies seeking alternatives to China are finding the country’s vast interior still holds big advantages.

The central bank marked the beginning of Q4 of fiscal year 2023 by raising the policy rate to 21 percent. With a...

The High Court has declined to stop the order from President Uhuru Kenyatta suspending the blacklisting of defaulters with loans of less than Sh5 million.

More than half of loans taken through mobile phone platforms are in default in the wake of Covid-19-induced job cuts and business closures.

Investors seek liquidity from several sources just to keep going. One of many sources is share-backed loans.

The deployment of guarantors has been popular among SACCOs as a tool for providing security for their various loans.

Mobile lenders will have the freedom to set their own lending rates even after they fall under the regulation of CBK.

Demand for loans to finance household consumption has gone up on the back of optimism about growth of the economy.