Automobile, home and personal loans would become costly due to the deteriorating rupee
By Vaibhav Aggarwal
Aug 22, 2013
Print    Email    RSS   

Retail consumers of Automobile, home and personal loans ought to prop up themselves for a bumpy ride in front because signals budding from the bond marketplace move towards a rise in rates of interest, which may be sharp and rapid. The symptoms are based on the benchmark 10-year return on government securities, which touched 9.27% each year on Monday. This benchmark price is the maximum risk-free price that one can enter the nation, and therefore, this is the benchmark price for banks and other money lenders for setting their forward lending rates for consumers. According to bond traders, the present level is as well nearer to the decade elevated rate of 9.60 percent.

(Comments Posted : 0) Post Your Comments
Show All Comments
 Select a product:

 Select a product:

Loan against Securities: A viable...
Plan for your retirement
Pay income tax through ATM
Know about Form 16
Consolidation good for creating healthier...

My monthly salary 11000 and i want personal loan...
i want to check my loan balance in canara bank my...
i want to check my loan balance in canara bank my...
What is the outstanding Amount for my personal loan
ho many month balance in My Personal loan
i need my personal loan track statement

LVB bank joined hands with NCML Feb 18, 2015
Syndicate Bank hiring 5000 new staff Feb 12, 2015
SBI donated Rs 8.6 cr as a part of CSR activity Feb 11, 2015
Canara Bank tied up with NHBC Feb 9, 2015
Hiring for Probationary clerks in South Indian Bank Feb 5, 2015
News Archive