Tag: Bank of India

Bank of India Credit Card Extended Moratorium on Dues for 3 More Months

Earlier, in its notice dated 04.04.2020, Bank of India under RBI's Covid-19 regulatory package offered a moratorium of 3 months to term loan borrowers and credit card holders from 01.03.2020 to 31.05.2020....Read More

Bank of India Reduces MCLR by 25 bps

Bank of India (BoI) has cut its benchmark MCLR or Marginal Cost of Funds Lending Rate by 25 basis points (bps) across all tenures. The bank has also brought down its External Benchmark Lending Rate (EBLR) ...Read More

How far Personal Loan, Home Loan EMIs Will Come Down after Rate Cut by RBI?

Following the repo rate cut by the Reserve bank of India in its bi-monthly Monetary Policy held on February 7, the banks are likely to reduce interest rates for retails loans such as Home Loans and Car Loa...Read More