Search Results for 'Floating'

RBI warns banks against floating rate manipulation, prepayme...

The Reserve Bank of India (RBI) has warned banks against taking customers for a ride by manipulating interest rates on floating rate loans. The regulator also wants them to voluntarily waive the prepayment penalty on home loans. At the [...]

Posted On : Oct, 26 2011 | Comments : 0

Banks' floating rates are light on buoyancy

Weak competition among banks in the variable home loan market is leading to higher costs for borrowers.Analysis by the Sunday Star-Times shows the main banks have not fully passed on cuts in the Reserve Bank's official cash rate, and that s [...]

Search Results for 'Floating'

RBI warns banks against floating rate manipulation, prepayme...

Posted On : Oct, 26 2011 | Comments : 0

Banks' floating rates are light on buoyancy

Posted On : Nov, 11 2008 | Comments : 0