India appears to be distinctly benefiting in terms of being an attractive investment destination as investment opportunities drag for China, according to a research report by the State Bank of India (SBI), which recently said India appears to be emerging as the best option with a positive growth and inflation outlook in this fiscal, SBI said in its Ecowrap.

With effect from January 15, 2023, the State Bank of India (SBI) has increased the marginal cost of funds-based lending rate (MCLR) for home loans with a one-year term by 10 basis points. The MCLR is the lowest interest rate that the bank will allow for lending.According to the SBI notification, the MCLR for a one-year tenure will increase from 8.30% to 8.4% with effect from January 15 while remaining the same for other tenures.What is MCLR? BCCL/Representational ImageThe financial…

In our gig economy, it’s no surprise that unconventional loans are re-emerging to cater to those without standard income documentation.

Both Wells Fargo and Bank of America provide customers with a variety of accounts and thousands of worldwide branches and ATMs. But which is right for you?

For unhappy customers, this could be a relief as it will save them the trouble of opening a new account each time they want to switch banks.