Mangaluru : The South Canara District Central Cooperative (SCDCC) Bank has decided to drastically reduce interest rates on home loans to mark its centenary celebrations. All new home loans availed from May 1 onwards would be available at competitive rates, ranging from 9.5 per cent to 10.5 per cent per annum, said Bank president M.N. […]

Mangalore : Corporation Bank launches Grand Festival Bonanza for Various Loans Schemes of the Bank from September 01, 2012 for a limited period. The Bonanza is offered for Home Loans, Vehicle Loans, NRI Home Loans, Doctor Plus (Finance for Medical Professionals) and Vyapar Schemes (Loan for Trade & Business). The “Grand Festival Bonanza” was launched […]

New Delhi : After a gap of three years, Reserve Bank Governor D Subbarao on Tuesday slashed short term lending rate by 0.50 per cent to 8 per cent, a move that will reduce the cost of home, auto and corporate loans. The reduction in the repo rate at which RBI lends to banks, has […]