RupeeCare

Some good news. Reduced cash outflows on home loans, do check in case you have.

Home loans to become cheaper, thanks to RBI's latest move Loan-to-Value (LTV) ratio refers to the proportion of the property value that a lender can borrow through a loan.By removing the loan size from the equation the central has allowed banks more room to lend to borrowers for high-value properties

Need of the hour to save the small & medium businesses... awaiting banks policies on same !!

Centre’s decision to waive interest on interest could cost Rs 7,000 crore In its affidavit, the finance ministry said the government has decided to maintain its tradition of handholding small borrowers and bear the burden arising from such waiver of interest on interest, or compound interest, for the banks.