Diwali offers on loans can fulfil your dream home may just be within your reach. The slash in retail asset growth and competitive pressure have forced banks to reduce rates on retail loans.
ICICI has cut rates marginally by 25-50 basis points on home, car and personal loans, as part of its festive offer. On [...]
Business loans are widely available in financial market. Apart from private individuals offering business loans, there are many other options also. Many government-sponsored schemes, designed to assist new businesses, are in the market. There are many ifs and buts when it comes to government grants and loans. These loans depend on many things like [...]
Read More... A consumer commission has ordered ICICI Bank, the country’s largest private sector Bank, a whopping Rs.50 lakh for employing “goons” to recover loan.The client who defaulted on loan had approached the consumer affairs commission in Delhi complaining of use of force by the bank’s recovery agents.
The Delhi Consumer Commission also ordered the bank to [...]