refinancing

Refinance Your Loan & Save Big: Smart Strategies

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Refinance Your Loan & Save Big: Smart Strategies

One of the most effective financial choices you will make this year could be to refinance your loan. It can be personal loan, home loan or a car loan, refinancing helps to replace your existing loan with a new loan- ideally one that has much better terms or a lower interest rate or payment schedules … Read more

Banks likely to restructure loans up to Rs 8.4 lakh crore; here’s what to learn from past

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Banks likely to restructure loans up to Rs 8.4 lakh crore; here’s what to learn from past

The provisioning required by banks under the restructuring framework is lower, compared to the normal slippages into GNPA. Bank loans worth up to Rs 8.4 lakh crore are likely to be restructured by banks under the recently announced resolution framework for alleviating the Covid-19 related stress. Out of the overall loans set to be restructured, … Read more