TheSpuzz Desk

Personal loan EMI: Now you can switch from floating interest rate to fixed as RBI clarifies norms | Mint

Personal loan EMI: Now you can switch from floating interest rate to fixed as RBI clarifies norms | Mint

Source: Live Mint The Reserve Bank of India (RBI) recently released a set of Frequently Asked Questions (FAQs) regarding a circular on resetting floating interest rates on Equated Monthly Instalment (EMI)-based personal loans. One of the highlights of the circular is that banks must give borrowers the option to switch the interest rate from floating…

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Bitcoin hits two-month low of ,957 after investors sell riskier assets on sharp rise in US bond yields | Stock Market News

Bitcoin hits two-month low of $90,957 after investors sell riskier assets on sharp rise in US bond yields | Stock Market News

Source: Live Mint Bitcoin slumped to an almost two-month low as investors dumped riskier assets after a sharp rise in bond yields.  The original cryptocurrency dropped 3.6% to $90,957 on Monday, its lowest since Nov. 26 and well below the peak of $108,316 it reached in December. Other cryptoassets were also in the red, with…

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