By Administrator_ India Capital Sands Escalating competition in the festive season, public sector lender Union Bank of India has slashed interest rate on home loans by 40 basis points. The minimum rate of interest now starts at 6.40 percent, instead of…
By Administrator_India Capital Sands Umesh Patil, a farmer in western India, pawned 40 grams of gold jewellery to raise 130,000 rupees ($1,723.11) to buy supplies needed to plant his next crop. Many Indians are using gold to secure loans, bankers…
