The FinTech Hub
Source: Live Mint Punjab National Bank (PNB) has revised interest rates in its retail loan book with effect from February 10, 2025. The revision aims to provide more competitive financial solutions and respond to changing market conditions as detailed in a press release by the bank on February 20, 2025. Further, the revised rates cover…
Source: Live Mint The RBI recently reduced the repo rate. How does this affect interest rates on vehicle loans? Should I expect my monthly payments to decrease? What factors should I consider before taking a car loan in this scenario? – Name withheld on request With the RBI’s recent repo rate cut, we may expect…
Source: Business Standard HDFC Bank said on Friday its deposit growth for the second quarter of the financial year (Q2 FY25) has outpaced its credit growth on a sequential basis. The bank reported a 5.1 per cent growth in deposits compared to Q1FY25, while its advances during the same period rose by 1.3 per cent,…
