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.

SBI, Dena, Allahabad, Punjab and Sind banks cut rate; EMIs to come down

Last Updated: Tuesday, June 2, 2015, 20:59

In a big relief to home and auto loan borrowers, several banks led by market leader SBI Tuesday slashed lending rates by up to 0.3 percent after RBI cut key policy rate.

HDFC cuts home loan rate by 0.2%; EMIs to come down

Last Updated: Friday, April 10, 2015, 21:42

Country's largest mortgage firm HDFC Friday cut home loan rate by 0.2 percent to 9.9 percent for new as well as existing borrowers.

SBI, ICICI, HDFC Bank cut rates, EMIs set to fall

Last Updated: Tuesday, April 7, 2015, 21:08

Country's biggest bank SBI and private sector lenders ICICI and HDFC Bank late Tuesday evening cut their base rates by 0.15-0.25 percentage points, a move that could bring relief to corporate and retail borrowers.

RBI keeps rate unchanged, disappoints markets, industry

Last Updated: Tuesday, February 3, 2015, 12:21

Disappointing markets and the industry, RBI Governor Raghuram Rajan on Tuesday left interest rate unchanged, saying there are no developments to warrant further easing since the unscheduled rate cut about a fortnight ago.

RBI's monetary policy review: Key highlights

Last Updated: Tuesday, February 3, 2015, 12:16

Highlights of RBI's bi-monthly monetary policy statement.

RBI looking for disinflationary process, Budget: Rajan

Last Updated: Tuesday, February 3, 2015, 11:29

Talking to media after unveiling its bi-monthly monetary policy review, he said that the further actions will be driven by data.

RBI monetary policy review today, will loans get cheaper?

Last Updated: Tuesday, February 3, 2015, 03:06

The Reserve Bank of India (RBI), which last month announced a surprise rate cut of 25 basis points after maintaining a hawkish monetary stance for 20 months, is scheduled to undertake its sixth bi-monthly monetary policy review, 2014-15 on Tuesday.

RBI surprises with 0.25% rate cut; EMIs on home, auto loans to come down

Last Updated: Thursday, January 15, 2015, 20:23

In a pleasant surprise, RBI on Thursday cut its policy rate by 0.25 percent in the first reduction in 20 months and promised more, paving way for cheaper home and auto loans as also lower cost of funds for corporate borrowers.

Aviva India launches online term plan 'i- Life Secure'

Last Updated: Thursday, November 21, 2013, 15:35

Private insurer Aviva India on Thursday launched new online term plan 'i- Life Secure' with built-in income protection for 15 years.

Axis offers last 12 EMIs waiver in home loans with 20 yr tenor

Last Updated: Wednesday, September 5, 2012, 22:14

The new product, available to new customers, offers to waive 12 EMIs or equated monthly instalments for those borrowers with a 15-year or more tenure and if he/she pays the EMIs on time.

Cut interest rates, keep EMIs at affordable level: FM to banks

Last Updated: Saturday, August 18, 2012, 16:24

Finance Minister P. Chidambaram Saturday called for increased consumer spending as a booster shot to the sagging economy and asked bankers to lower EMIs (equated monthly instalments) for consumer durable loans.