NBFCs Expected to Report Strong Profit Growth on Loan Disbursements Introduction The second quarter financial results of non-banking finance companies (NBFCs) in India are anticipated to reveal a notable 20-30% growth in net profit, primarily driven by robust loan disbursements. However, the rising cost of funds may exert pressure on margins. Analysts predict that consumer-facing sectors, such as microfinance, consumer durable goods, and vehicle loans, will experience significant growth, while affordable housing and gold-loan companies […]

Small Borrowers Show Reluctance to Maximize Credit Limits as Interest Rates Rise Utilization of Sanctioned Loans Declines Among Small Borrowers Small borrower, particularly those with loans of up to ₹2 lakh, have shown a cautious approach towards using their approved credit limits since December, following a rise in interest rates. Recent data released by the Reserve Bank of India (RBI) reveals a decline in credit use, with figures dropping from 67.3% in December to 66.9% […]

You can pay off your mortgage faster if you have a plan in place for investing the money you save each month. Home ownership is a key life milestone, and many people in India use mortgage loans to attain it. Home loans enable individuals to realise the ideal of homeownership, but they sometimes have long repayment periods and exorbitant interest rates. You can pay off your mortgage faster if you have a plan in place […]

Some FAQs – Best Home Loan Which Bank’s Home Loan is Best? Home Loans offered by Punjab National Bank (PNB) and State Bank of India (SBI) are best in the market right now because they offer lowest interest rate, starting from 7% p.a., making it an affordable deal for the customer. Processing fee is also very low and they offer Home Loans for all your housing-related needs. What are the Types of Home Loans Available […]

  Kotak Mahindra Bank Home Loan With attractive features like zero processing fee for online loan application, home loan insurance facility, and doorstep documentation and services, Kotak Mahindra Bank’s Home Loan is one of the best housing loan options available in the finance market. You can get funds up to 75% to 80% of the property cost and the interest rate can be as low as 6.75% p.a. Types of Kotak Mahindra Bank Home Loans […]