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Home and auto loans are set to get costlier as the country#39;s largest lender, State Bank of India (SBI), has hiked the benchmark lending rate ...
sbi car loan interest rate - News
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SBI to raise interest rate on car loans Business Standard table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNF1brhdufRcTSEwz_sFGkYghk-unwamp;url=http://www.moneycontrol.com/news/wire-news/sbi-says-difficult-to-lend-more-to-kingfisher_652656.htmlimg src=//nt3.ggpht.com/news/tbn/u6kIEFF80eAzpM/6.jpg alt= border=1 width=80 height=80 /br /font size=-2Moneycontrol.com/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNGPc9Y50JydkVbeSNOTMkhYyzk8pAamp;url=http://www.business-standard.com/india/news/sbi-to-raise-interest-ratecar-loans/461932/bbSBI/b to raise binterest rate/b on bcar loans/b/b/abr /font size=-1bfont color=#6f6f6fBusiness Standard/font/b/fontbr /font size=-1bState Bank of India/b (bSBI/b) will increase the binterest rate/b on bcar loans/b by at least 50 basis points from tomorrow to bring these in line with competing banks. A senior bSBI/b official dealing with the retail business confirmed the country#39;s largest b/b/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNHwPk8mjjp5YL9m2tUtMyzAWa9fWQamp;url=http://www.cartradeindia.com/car-bike-news/sbi-to-hike-car-loan-interest-rate-by-0-5-percent-115834.htmlbSBI/b to hike bcar loan interest rate/b by 0.5 percent/afont size=-1 color=#6f6f6fnobrCarTradeIndia.com/nobr/font/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNEvK5CsEPkGzT23uYU4pLBWuyBmOAamp;url=http://economictimes.indiatimes.com/personal-finance/loan-centre/home-loans/home-loans-news/sbi-trims-housing-loan-processing-fee/articleshow/11497168.cmsbSBI/b trims housing bloan/b processing fee/afont size=-1 color=#6f6f6fnobrEconomic Times/nobr/font/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNHp5-mQBRrB13M3Ic8Dd7bhF61kEwamp;url=http://www.loansafe.org/indian-bank-slashes-housing-loan-processing-feeIndian bank slashes housing bloan/b processing fee/afont size=-1 color=#6f6f6fnobrLoanSafe/nobr/font/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.com/news/more?pz=1amp;ned=usamp;ncl=duTfbwOa4601vgMs-iy3Y8o4EFu3Mnobrball 57 news articlesnbsp;raquo;/b/nobr/a/font/div/font/td/tr/table |
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Overall reduction in interest rates required: SBI NDTV table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serif/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNGkXXbl97eRM7gLTAjMrgffeoZ5iwamp;url=http://profit.ndtv.com/Interviews/Article/overall-reduction-in-interest-rates-required-sbi-296780bOverall reduction in binterest rates/b required: bSBI/b/b/abr /font size=-1bfont color=#6f6f6fNDTV/font/b/fontbr /font size=-1See, what CRR cut has done, it has reduced the short term rates. To that extent, it would reduce first the binterest rates/b for corporates but for average consumer, if you talk of your home loan or an bauto loan/b, these are long term./fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.com/news/more?pz=1amp;ned=usamp;ncl=dqM6N8zsLVF5K6Mnobrband morenbsp;raquo;/b/nobr/a/font/div/font/td/tr/table |
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Reserve Bank of India infuses cash but keeps key rates same India Today table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNEzFAW1Zs2HCb09gM3vKaxfAqNrpQamp;url=http://indiatoday.intoday.in/story/reserve-bank-of-india-infuses-cash-but-keeps-key-rates-same/1/170556.htmlimg src=//nt0.ggpht.com/news/tbn/2H2zacrZvOMdrM/6.jpg alt= border=1 width=80 height=80 /br /font size=-2India Today/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNEzFAW1Zs2HCb09gM3vKaxfAqNrpQamp;url=http://indiatoday.intoday.in/story/reserve-bank-of-india-infuses-cash-but-keeps-key-rates-same/1/170556.htmlbReserve Bank of India infuses cash but keeps key brates/b same/b/abr /font size=-1bfont color=#6f6f6fIndia Today/font/b/fontbr /font size=-1Home and bauto loan/b borrowers may have to wait a while before their binterest/b burden starts easing, with the Reserve Bank of India (RBI) keeping policy brates/b unchanged on Tuesday. However, it has slashed the cash reserve ratio (CRR or a portion of b/b/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNHKstplkp0MNgcZr9G7cSLf8o4eFwamp;url=http://www.deccanherald.com/content/221825/no-relief-borrowers-rate-cut.htmlNo relief for borrowers as brate/b cut is ruled out/afont size=-1 color=#6f6f6fnobrDeccan Herald/nobr/font/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNE3LRCgxvXB4lmmSzfSzxAiF9iwUwamp;url=http://www.tribuneindia.com/2012/20120124/biz.htmRBI likely to keep policy brates/b unchanged, say bankers/afont size=-1 color=#6f6f6fnobrChandigarh Tribune/nobr/font/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.com/news/more?pz=1amp;ned=usamp;ncl=dll9-P7X48TWsLMQsU1GB4f3sm3iMnobrball 909 news articlesnbsp;raquo;/b/nobr/a/font/div/font/td/tr/table |
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Mahindra Reva ties up with SBI for vehicles financing Economic Times table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNHTXrDC-0N6-kizoDWydCAE-DPPTQamp;url=http://www.cartradeindia.com/car-bike-news/mahindra-reva-signs-vehicle-financing-deal-with-sbi-115880.htmlimg src=//nt1.ggpht.com/news/tbn/qTfQT5htqIBJFM/6.jpg alt= border=1 width=80 height=80 /br /font size=-2CarTradeIndia.com (press release) (blog)/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNGIblCb0uEcWpdaw1i8fpj8jdfe2gamp;url=http://economictimes.indiatimes.com/news/news-by-industry/auto/automobiles/mahindra-reva-ties-up-with-sbi-for-vehicles-financing/articleshow/11555023.cmsbMahindra Reva ties up with bSBI/b for vehicles financing/b/abr /font size=-1bfont color=#6f6f6fEconomic Times/font/b/fontbr /font size=-1quot;bSBI/b will finance 85 per cent of the on road price of Mahindra Reva Electric Vehicles with tenure of 7 years and low binterest rate/b of 12 per cent,quot; bSBI/b Mumbai CGM RN Mehra said in a statement. He said under the deal, EMI on a bloan/b of Rs one lakh for a b/b/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNGf6DGTdRO_hK-vWArax9QIDagnPwamp;url=http://3d-car-shows.com/2012/mahindra-reva-signs-mou-with-state-bank-of-india-for-vehicle-finance/Mahindra Reva signs MoU with bState Bank of India/b for Vehicle Finance/afont size=-1 color=#6f6f6fnobr3D Car Shows/nobr/font/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNH246EsoCG6_kcwVFLYSU0VudO9sAamp;url=http://leasingandinsurance.automotive-business-review.com/news/sbi-to-finance-mahindra-revas-new-vehicles-200112bSBI/b to finance Mahindra Reva#39;s new vehicles/afont size=-1 color=#6f6f6fnobrAutomotive Business Review/nobr/font/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNHTXrDC-0N6-kizoDWydCAE-DPPTQamp;url=http://www.cartradeindia.com/car-bike-news/mahindra-reva-signs-vehicle-financing-deal-with-sbi-115880.htmlMahindra Reva signs vehicle financing deal with bSBI/b/afont size=-1 color=#6f6f6fnobrCarTradeIndia.com (press release) (blog)/nobr/font/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.com/news/more?pz=1amp;ned=usamp;ncl=dB60aeW7jN7FEBMz3byCPOtuLx27Mnobrball 10 news articlesnbsp;raquo;/b/nobr/a/font/div/font/td/tr/table |
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SBI hikes income floor for car loans to Rs 2.5 lakh Economic Times table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serif/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNGIlPzGp-4fzJrGm01aKfyNoMHidwamp;url=http://economictimes.indiatimes.com/personal-finance/loan-centre/auto-loans/auto-loans-news/sbi-hikes-income-floor-for-car-loans-to-rs-2-5-lakh/articleshow/11623566.cmsbbSBI/b hikes income floor for bcar loans/b to Rs 2.5 lakh/b/abr /font size=-1bfont color=#6f6f6fEconomic Times/font/b/fontbr /font size=-1The bank is wary of the scheme attracting borrowers who may not be able to afford a car. bSBI/b recently increased its binterest rates/b on bcar loans/b by 75 basis points to 12%. A senior official in the bank#39;s bauto loan/b business said the quot;pro-active stepquot; to b/b/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.com/news/more?pz=1amp;ned=usamp;ncl=dO4erE4nm6W7wnMnobrband morenbsp;raquo;/b/nobr/a/font/div/font/td/tr/table |