Articles for tag: EMIs, floating rate loans, interest rates

Rajiv Sharma

PNB offers major relief to customers with decision on home loan EMIs

PNB offers major relief to customers with decision on home loan EMIs

In recent years, the shift to floating rate loans linked to External Benchmark Lending Rate (EBLR) has transformed the banking landscape in India. This change impacts how borrowers are affected by fluctuations in interest rates, particularly when it comes to home loans. Understanding the implications of EBLR for borrowers is crucial, as any adjustments made ...