This latest repo rate cut, if followed by banks, can further stimulate borrowing and provide relief to consumers.
Among the various personal loan options, step-up and step-down loans have gained popularity.
RBI has mandated CICs to alert customers whenever their Credit Information Report is accessed by banks.
Normally the repayment tenure of short-term loans does not exceed one year.
Stamp duty fee is one of the most common home loan charges.