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Why RBI has advised banks to refund borrowers for overcharging on interest

In the case of repayment of loans during a month, some banks were charging interest for the entire month, rather than only for the period for which the loan was outstanding. RBI recently found banks following several other unfair practices. ....

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Top 5 banks offering low rates on home loans over ₹50 lakh

Prior to seeking a home loan, it is recommended to compare interest rates across different banks to identify the most fitting option. ....

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Top 5 banks offer lowest interest rates for home loans above ₹50 lakh

State Bank of India charges interest rate on the basis on borrower’s credit score. To borrowers with a high score, the state lender offers loan at 9.15 percent to 9.55 percent. ....

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