RBI PolicyMoneycontrolRBI Rate Cuts: What Falling Bond Yields Mean for Your Loan EMIs
Bond yields in India are trending downward as RBI signals easier liquidity conditions. When government bond yields fall, banks can borrow cheaper, which often leads to lower interest rates on personal loans and EMIs. This is good news for anyone planning to take a loan soon. Understanding this trend can help you borrow smarter and save money.
Tax & BudgetMoneycontrolGST Overhaul: What India's Tax Shake-Up Means for Your Loan
The Indian government is restructuring its tax administration, including overhauling the Central Board of Excise and Customs, to ensure a smooth GST rollout. For everyday borrowers, these changes could affect business cash flows, lending rates, and how lenders assess your repayment capacity. Staying informed helps you borrow smarter.
Market TrendsMoneycontrolSensex Shaky: What Market Swings Mean for Your Loan Plans
Indian stock markets are seeing mixed moves, with SBI and Tata Motors gaining while Axis Bank and Bajaj Auto slip. For loan seekers, market volatility can influence interest rates and bank lending behaviour. Understanding these shifts helps you time your borrowing smartly and secure the best possible personal loan deal.
RBI PolicyMoneycontrolRBI Holds Repo Rate at 6% — EMIs Stay Affordable for Borrowers
The Reserve Bank of India kept the repo rate unchanged at 6% in its March 2026 policy review. This means personal loan EMIs remain stable for existing borrowers, while new applicants can still access competitive interest rates from banks and NBFCs across India.
Bank UpdatesEconomic TimesSBI Slashes Personal Loan Processing Fee to 0.5% — Lowest in 3 Years
State Bank of India has reduced its personal loan processing fee from 1% to just 0.5% for applications submitted through digital channels. The move targets salaried professionals and is valid until June 2026, making SBI one of the cheapest lenders for upfront costs.
Credit ScoreLiveMintCIBIL Now Offers Free Monthly Score Updates — Here's How to Access
TransUnion CIBIL has upgraded its free tier to provide monthly credit score refreshes instead of annual. Users can now track score changes after every EMI payment or credit card bill, helping them time loan applications for the best rates.
Fintech NewsInc42RBI Cracks Down on 47 Illegal Lending Apps — How to Verify Your Lender
RBI has ordered Google Play Store to remove 47 unregistered lending apps operating without proper NBFC licenses. Borrowers are advised to verify lender credentials before sharing personal data. All legitimate lenders must display their RBI registration number.
Tax & BudgetET WealthTax Filing 2026: Can You Claim Deductions on Personal Loan Interest?
As the March 31 tax filing deadline approaches, many borrowers wonder if personal loan interest qualifies for tax deductions. While general personal loans don't offer Section 80C benefits, loans used for home renovation or education have specific tax advantages.