Several banks have adjusted their MCLR, affecting loan EMIs. HDFC Bank and PNB increased their MCLR, raising borrowing costs, ...
Private lending major HDFC Bank has increased its Marginal Cost of Funds-based Lending Rate (MCLR) for the overnight tenure by 5 bps from 9.15 per cent to 9.20 per cent. This is effective from ...
RBI recently cut down repo rate by 50 basis points, so there is an expectation that banks would bring down the interest rates ...
Among private sector banks, lenders such as ICICI Bank, Axis Bank and Kotak Mahindra Bank have reported an 18 bps, 8 bps and ...
The Reserve Bank of India (RBI) cut the repo rate by 25 basis points today i.e. on 7 February. After this cut, the new repo ...
HDFC Bank has raised its MCLR for overnight loans by 5 bps to 9.20 per cent effective February 7, 2025, while other tenures ...
Banks with high fixed-rate loan exposure and those with elevated Loan-to-Deposit Ratios (LDRs) stand to gain the most. Here's ...
In the three-year category, the highest interest offered is 7.65% which is offered by both Kotak Mahindra Bank and Bank of Baroda. Axis bank closely follows with 7.60% interest for the three-year ...
Our sensitivity analysis (factoring in a 50bps rate cute for the full-year FY26E ... Our top picks are: ICICI Bank, HDFC Bank, SBI, and AUBANK," it said. Kotak Institutional Equities said a ...
HDFC Bank imposed a 1% fee on utility bills exceeding ₹50,000 and 1% on fuel transactions above ₹15,000. It also added a ...
The SoftBank-backed banking tech startup will be valued at $2 billion after this investment, up from around $1.45 billion ...