Indian Consumer Credit Market Slowdown Continues..!

Indian Consumer Credit Market Slowdown Continues; Reliance on Unsecured Credit Raises Concerns Latest TransUnion CIBIL Industry Insights Report shows risks rising in some consumer credit products Growth in India’s consumer credit market continued to decelerate in the second q…

Share:

Read More

Canara Bank: RETAIL LOAN SCHEMES...

Canara Bank: RETAIL LENDING SCHEMES.. RATE OF INTEREST LINKED TO BASE RATE Base Rate of the Bank w.e.f 0 1.01.2014 – 10.20% RETAIL LENDING SCHEMES ROI p.a. CANARA VEHICLE LOAN (FOUR-WHEELER)  a.     A. Minimum 10% margin & Repayment period of more than 36 months  b.��…

Share:

Read More

Reserve Bank of India Bans 0 % Interest Scheme on Purchase of Consumer Goods..

In a move that may dampen the festive season for consumers, the Reserve Bank of India (RBI)  recently banned the 0 % interest rate scheme on purchase of consumer goods. While this move may protect consumers from “camouflaged” interest rates, it will also mean that consumers …

Share:

Read More

Tracing Loan Defaulters is Easy..!

by Mr R.P. Deshpande, Finance Expert Thanks to CIBIL's  (Credit Information Bureau (India) Limited (CIBIL)Locate Plus Scheme , wayward customers can not get away easily, says finance expert Mr. R.P. Deshpande One of the major worries for banks & other lending instituti…

Share:

Read More