EPFO may allow pledging PF contributions to buy low-cost house

Last Updated: Tuesday, September 8, 2015, 16:22

EPFO's trustees will consider a proposal to allow its subscribers to pledge their future PF contribution to buy low cost houses, in a meeting scheduled on September 16.

SpiceJet launches EMIs payment system for air tickets

Last Updated: Thursday, July 23, 2015, 21:56

Budget airline SpiceJet Thursday offered its customers a convenient post-paid scheme, which allows a flier to make the ticket payment in equated monthly installments (EMIs) at an interest rates as low as 12-14 percent.

RBI bans 0% interest rate scheme for buying goods

Last Updated: Wednesday, September 25, 2013, 17:19

The RBI Wednesday banned zero percent interest rate scheme for purchase of consumer goods, a move intended to protect customers but may dampen the festive spirit.

Allow customers to pay loan EMIs online: RBI to banks

Last Updated: Friday, April 13, 2012, 18:53

Following complaints from customers, the Reserve Bank has made it clear to banks that there are no restrictions in allowing use of electronic modes for various transactions including repayment of loans.