Banks quietly raise interest rates on car, personal loans
Saturday, 6 January 2024 Interest rates on retail loans, including home loans, have started increasing as banks revise their marginal cost of lending rate (MCLR). While home loans are linked to the repo rate, other loans are not. SBI has raised its auto loan rates from 8.65% to 8.85% for clients with high credit scores. Bank of Baroda has increased auto loan rates to 8.8% and reintroduced processing fees. Union Bank of India and IDFC First Bank have also hiked rates on auto and personal loans. Bank of Maharashtra reduced its home loan interest rates to 8.35%.
Average Long-Term , Mortgage Rates Climb, , Ending 9-Week Slide.
'The Independent' reports that
average long-term mortgage rates in
the United States edged higher this week. .
On January 4, mortgage buyer Freddie Mac said that
average rates for a 30-year mortgage climbed to 6.62%,
ending a...
As the Lok Sabha elections unfold, politicians are making bold moves and claims. From Tejashwi Yadav's orange video to Meesa Bharti's warning of jail time for PM Modi, the political drama is heating up. Rahul Gandhi vows to end poverty by promising to transfer ₹1 lakh annually to impoverished women. Stay tuned to Oneindia News for the latest election updates and global news.
#SBI #ElectoralBonds #ElectoralBondData #RTI #RTIAct #CJIChandrachud #Indianews #LokSabhaelections #Politics #Oneindia #Oneindianews
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State Bank of India (SBI) declines to disclose details of electoral bonds submitted to the Election Commission, citing the RTI Act. In response to RTI activist Commodore (retired) Lokesh Batra's request for complete disclosure of electoral bonds data in digital format, SBI refuses, following Supreme Court's order.
#SBI #ElectoralBonds #ElectoralBondData #RTI #RTIAct #CJIChandrachud #Indianews #LokSabhaelections #Politics #Oneindia #Oneindianews
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Dramatic exchanges unfolded in the Supreme Court today as a Constitution bench convened to hear petitions alleging that the State Bank of India (SBI) had provided incomplete data following the landmark verdict in the electoral bonds case. Advocates, including Mathews Nedumpara, engaged in heated discussions with Chief Justice of India DY Chandrachud during the proceedings.
#CJIChandrachud #LawyerRebuke #PollBonds #ElectoralBonds #SupremeCourt #LegalDrama #CourtroomExchange #JudicialProceedings #ViralVideo #SBI #Transparency #JudicialDecorum #LegalProtocol #CourtroomEtiquette #ConstitutionBench #ContemptOfCourt #ElectionCommission #PublicAccess #LegalProcedure #RuleOfLaw
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The Supreme Court dismissed the State Bank of India's plea for an extension to disclose electoral bond details, directing disclosure by March 12, 2024. This decision follows the court's ruling against the 2018 electoral bond scheme changes. SBI's confusion over matching exercises was clarified by the Chief Justice, emphasising the need for plain disclosure. Contempt proceedings may ensue if directives are not followed.
#SupremeCourt #StateBankofIndia #SBI #SBINews #ElectoralBonds #ElectoralBondScheme #Indianews #CJIChandrachud #Oneindia #Oneindianews
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Economists Warn , of Danger Ahead for the , US Economy in 2024.
According to Wells Fargo economists, the possibility of a future recession has not been ruled out for the United States economy...
Credit: Wibbitz Top Stories Duration: 01:31Published
In this [Trick or Treat from The Fed?] video , we discuss the big news of whether the FED will be giving us a trick or treat this week. On Wednesday, the FED will be releasing their statement their..
Weekly Jobless Claims , Drop to Lowest Level Since , September 2022.
CNBC reports that the labor market has started
2024 with surprising resiliency, posting an
unexpected drop in initial jobless..
Credit: Wibbitz Top Stories Duration: 01:31Published
Saturday, 6 January 2024
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