Tag: loan
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SBI made easy retail loan
Aatmja Kumari(Intern Journalist): State Bank of India (SBI) said on Monday that it has launched an online portal for easy restructuring of retail loans. Restructuring of home loan, auto loan, etc. will be done easily through this portal. According to the bank’s statement, by visiting the new portal https://bank.sbi/ or https://sbi.co.in, customers can see immediately…
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If you take advantage of Moratorium, then
(Deepshikha Gautam, Intern Journalist) New Delhi: If borrowers affected by the covid-19 epidemic avail of the EMI moratorium scheme, they may find it difficult to transfer loans. Bank may reject loan transfer applications in view of the capital crisis of the customer. According to Bankbazar.com customers often transfer long term loans like home loans to…
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Big relief on loan installment
(Deepshikha Gautam, Intern Journalist) New Delhi: The Reserve Bank of India has allowed banks to restructure debt. That is, you can reduce the loan installment by increasing your loan term. However, the benefit of this facility will be available to the regular loan repayers till 31 march 2020. RBI Governor Shaktikant Das announced this on…
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Private banks delaying implementation of MSME loan scheme: LUB
The Rashtriya Swayamsevak Sangh (RSS)-linked industry organization ‘Small Industries Bharti’ (LUB) has informed Union Finance Minister Nirmala Sitharaman that private banks are delaying the implementation of the Rs 3 lakh crore loan scheme for MSMEs Sitharaman had called LUB general secretary Govind Lele to get feedback on the implementation of the Emergency Credit Line Guarantee…