While the rate cut may bring some relief to borrowers in near future, fixed deposit investors are bound to get lower returns ...

The country’s largest private sector lender HDFC Bank has increased its marginal cost of funds based lending rate (MCLR) on ...

The move is expected to boost sectors such as real estate, which depends heavily on loans for its consumers to make a ...

According to various reports, Reserve Bank of India (RBI) might give more relief to the middle class by further cutting ...

If you’re on a fixed rate, you might want to evaluate if switching to a floating rate makes sense, depending on market ...

SDF is a tool to absorb liquidity from commercial banks without giving government securities in return. It replaced the ...

Repo rate-linked loan EMIs will be reduced immediately, within about a month, but MCLR-linked loans could take at least two ...

Economists expect inflation to continue easing in the coming months on the back of easing food prices, supporting the central bank’s decision to cut the policy repo rate.

Experts say that borrowers with repo rate-linked loans will see an immediate or near-term reduction, while those with MCLR-linked loans may have to wait longer.

Among private sector banks, lenders such as ICICI Bank, Axis Bank and Kotak Mahindra Bank have reported an 18 bps, 8 bps and 29 bps dip in margins, respectively, over the past one year.

The unanimous rate cut by 25 basis points and the continuation with the neutral stance of the policy is a foregone move that ...

February 6, the RBI cut repo rate by 25 basis points to 6.25 percent, which may impact depositors with likely lower fixed ...