RBI makes it mandatory for banks to link lending rate to external benchmark

RBI makes it mandatory for banks to link lending rate to external benchmark

This new norm will be effective October 1 where banks have to migrate from the Marginal Cost of Lending Rate regime to external benchmarking and
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Kroger 'Respectfully Asking' Customers to Leave Guns at Home

Kroger, the nation's largest grocery chain, is standing alongside Walmart, the nation's largest retailer, when it comes to weapons in stores. On Tuesday
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St. Clair County real estate July 29-Aug. 2

JULY 29. BELLEVILLE. $110,000.00 – 9 CORAL DR – CAROLYN F FRIEDEWALD TO CHELSEA POSEY. $96,000.00 – 135 KENSINGTON HEIGHTS
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Europe's Upstart Banks Are Coming To The US, But Can They Win?

Neo banks are winning in Europe. But they might find it harder to replicate their success in America. It's apocryphal that Paul Revere shouted “the
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Real Estate Global Market Forecast To 2022

NEW YORK, Sept. 4, 2019 /PRNewswire/ — The real estate industry's market consists of the sales of real estate services by entities (organizations, sole
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Rafael Nadal net worth: How does US Open star spend his fortune?

Rafael Nadal turned professional all the way back in 2001. He had since risen to become one of the most recognisable names in tennis. Nadal has
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US mortgage applications fall despite lower loan rates: MBA

(Reuters) – U.S. mortgage applications to buy a home and to refinance one fell for a third straight week despite some home borrowing costs hitting their
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Orlando home prices remained hot in July

Single-family July home prices grew year-over-year in Orlando and across the U.S., according to a new report by CoreLogic (NYSE:CLGX), a global
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Mortgage Originations Trending Upward

Specifically, originations for life insurance companies and for Fannie Mae and Freddie Mac continued at record paces during the first half of the year,
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AOC, Texas Rep. Crenshaw duel over background checks: 'Why are you "lending" guns to people …

Rep. Alexandria Ocasio-Cortez, D-N.Y., on Wednesday called out a Republican congressman who complained that implementing stricter gun laws
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The 15 Most Popular Side Hustles Now

You may already know that Sara Blakely, CEO of $350-million-a-year Spanx, used to sell fax machines all day, spending nights and weekends filling
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The mortgage-backed investment behind the financial crisis is in trouble again. One market expert …

This story requires our BI Prime membership. To read the full article, simply click here to claim your deal and get access to all exclusive Business
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Assessing the fallout from one credit union's pot-banking exit

In the wake of an Alaska credit union's high-profile exit from the pot banking space, some observers believe it's time for the federal government to take
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US Bank Receives "Outstanding" Community Reinvestment Act Rating

MINNEAPOLIS–(BUSINESS WIRE)–U.S. Bank announced today that it has received the highest rating, “Outstanding,” for its recent Community
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Canadian Mortgage Rates Among The World's Highest: Report

But now, a new study conducted by HuffPost Canada has revealed that Canadians are subjected to even higher mortgage rates than other developed
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Google Hit With a Record $170 Million Fine by FTC for Violating Children's Privacy on YouTube

Google will pay a $170 fine as part of a settlement announced Wednesday with the Federal Trade Commission and the New York Attorney General.
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A UK Court May Have Made Police Use of Facial Recognition Easier

A landmark decision in a U.K. court case may make it easier for law enforcement agencies throughout Europe to use facial recognition technology.
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Low Interest Rates Spur Refinance Boom for Millennials, According to the Latest Ellie Mae …

For all Conventional loans closed by Millennials in July, 27% were … is the leading cloud-based platform provider for the mortgage finance industry.
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Before Warren Buffett made his fortune, he took a job without asking what the salary was—here's why

Berkshire Hathaway chairman and CEO Warren Buffett believes in working with people you respect. “Try to work for whomever you admire most,” the
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International Bancshares (NASDAQ:IBOC) Shareholders Have Enjoyed A 34% Share Price Gain

If you buy and hold a stock for many years, you'd hope to be making a profit. But more than that, you probably want to see it rise more than the market
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