Tag: lending

RBI Revises Guidelines for Priority Sector Lending: Start-Up Loans Get PSL Tag

The Reserve Bank of India has revised priority sector lending guidelines on Friday. Priority Sector Loans (PSLs) are the loans that mandatory to be lent by the banks to economically weaker sections....Read More

Union Bank Cuts MCLR by 20 bps; Lower Home Loan EMIs from July 11

Good News for Home Loan Customers. Now Union Bank of India has announced a steep cut of 20 basis points in its marginal cost of funds-based lending rate (MCLR) across tenors. The new interest rates will be...Read More