Hike in loan rates won’t pinch demand but emis will go up

At the consumer end bank loan rates have started going up, says Mukherjee. I think it will be a while before they will hit the corporate end in terms of bank lending rates going up but I dont think the small increases that you are seeing right now in housing, car and consumer loans will [...]

Is clearing the home loan a better option or should I go with the regular EMIs for the entire tenure ?

I already have a home loan with ICICI on a floating interest rate. I’am looking for another loan.Should I clear this loan first to avail another loan or should I continue paying the EMIs for the entire tenure(This is a huge amount I will be paying by the end). “Clearing a home loan” is what [...]

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