News Archive - Page 4 of 8 - Andromeda

Amid rising Home Loan rates, Andromeda’s loan distribution jumps 63% to Rs 60,000 crore in FY23

Amid rising home loan rates, Andromeda has experienced substantial growth in its... Read More

17 April • 0 min

Loan growth may moderate in FY24, RBI may take a long pause over rate hikes: Andromeda

Andromeda observed three major trends across the three geographical vertical of the... Read More

14 April • 0 min

RBI Repo Rate Pause: Home loan EMIs already up 22% since May 2022, what are your options?

The RBI's choice to keep policy rates unchanged will offer relief to... Read More

07 April • 0 min

How to reduce home loan tenure if EMI is stretching beyond retirement age: 5 tips

Lenders do not usually increase their repayment tenures beyond their respective retirement... Read More

29 March • 0 min

9 hard lessons for home loan borrowers from the sharp interest rate hikes.

While buying a dream home, most people stretch their budget to the... Read More

17 March • 0 min

Credit card outstanding rises 29.6 pc to reach record high level in Jan

V Swaminathan, Executive Chairman, Andromeda loans, said while secured loans like mortgage... Read More

11 March • 0 min

Look to refinance your home loan to save on EMI payments

After RBI raised the repo rate by 25 basis two points two... Read More

23 February • 0 min

RBI’s FAQs on digital lending to promote responsible practices, say experts

V Swaminathan, Executive Chairman, Andromeda loans and Apnapaisa.com opined that with the... Read More

20 February • 0 min

Looking for a new home loan? You may have to settle for a lower amount now

“Lenders look at obligation to income ratio, which should not go beyond... Read More

10 February • 0 min

RBI Rate Hike: How home loan EMIs under EBLR, MCLR, base rate, BPLR will be impacted, what borrowers should do now

"The rate hike of 25 bps today will make EMIs expensive by... Read More

08 February • 0 min