SBI said it will waive processing fees for its car loan customers, and has offered up to 90% on-road financing for their car loans. Customers applying for a car loan through the bank s YONO app will get a special interest concession of 25 basis points (bps). YONO users can avail car loans at an interest rate starting at 7.5 per cent per annum, the bank said.
Norway central bank sharpens its hawkish claws
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Pensjon, Sparing | Nordea med ny pensjonsundersøkelse: - Dette overrasker meg stort
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Aston Martin [AML.UK] +2% (earnings),
AB InBev [ABI.BE] +5% (earnings).
- UniCredit [UCG.IT] +3% (earnings),
-
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Continental [CON.DE] -1% (earnings).
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Telecom: Telecom Italia [TLIT.IT] -5% (Italian govt said to drop backing of Telecom Italia single network plan).
Speakers
- ECB Economic Bulletin noted that the near-term economic outlook remained clouded by uncertainty about the resurgence of the pandemic and the roll-out of vaccination campaigns. Preserving favorable financing conditions over the pandemic period remained essential.
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Norway Central Bank (Norges) Olsen post rate decision press conference noted that the economy should gradually normalize but uncertainty remained. Pandemic was not over but vaccinations were well underway and saw light at the end of the tunnel. Normalization of liquidity was well underway and saw all extraordinary loans repaid by end-Aug.
Copper dips as physical buyers shun high prices
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