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Monetary policy has grown more effective. RBI’s rate-formula tweak for corporate lending may have made a difference.
RBI's repo rate cuts in 2025, totaling 50 basis points, have lowered home loan interest rates below 8%. This reduction, ...
State-owned lenders such as Bank of Baroda, Punjab National Bank (PNB), and Canara Bank have recently announced reductions in ...
Despite strong macro signals for a repo rate cut, banks face financial strain and tightening credit risk. A cautious approach ...
Interest rates on new home loans have dipped below 8 percent after the Reserve Bank of India’s (RBI) repo rate cut of 25 basis points on April 9. Public sector banks have already passed on the ...
Here we list out the fixed deposit interest rates offered by different banks including HDFC Bank, ICICI Bank and other state ...
India’s largest private lender, HDFC Bank, says borrowers can expect to feel the impact of recent RBI rate cuts starting this quarter.
The Reserve Bank of India pays interest on deposits at the reverse repo rate, whereas the repo ... of Funds to arrive at the final lending rate for different tenors.
China's central bank said on Wednesday it would lower the borrowing cost of its seven-day reverse repurchase agreements, as ...
The rate revision comes amid similar moves by other major banks, including SBI, HDFC Bank, ICICI Bank, Yes Bank, IDFC Bank, and Canara Bank, who have also slashed their FD rates on select tenures.
HDFC Bank announces a decrease in its Marginal Cost of Funds-based Lending Rates. This reduction provides relief to borrowers with loans linked to MCLR. The MCLR has been lowered by up to 15 basis ...