What is better for a home loan or LAP – A bank or an HFC? All you need to know.

A bank, as per the Reserve Bank of India (RBI), is an all-in-one authorized financial institution accepting deposits, providing loans, and offering various financial services. Banks in India are regulated by the Banking Regulation Act, 1949. They are required to obtain a banking license from the RBI to operate.

What is better for a home loan or LAP – A bank or an HFC? All you need to know.

A bank, as per the Reserve Bank of India (RBI), is an all-in-one authorized financial institution accepting deposits, providing loans, and offering various financial services. Banks in India are regulated by the Banking Regulation Act, 1949. They are required to obtain a banking license from the RBI to operate.