RBI recently cut down repo rate by 50 basis points, so there is an expectation that banks would bring down the interest rates ...
HDFC Bank announces to hike its MCLR rate by 5 basis points despite the reduction of the repo rate by the Central bank.
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 ...
Banks are expected to start lowering the rates on FDs in alignment with the decrease of the benchmark lending rate by the ...
RBI has reduced the repo rate by 25 basis points for the first time in almost five years. Retail inflation remains a concern, ...
The repo rate, set by the RBI, influences borrowing costs for banks. A higher repo rate raises FD interest rates, attracting ...
The Reserve Bank of India has cut the repo rate by 25 basis points to 6.25 percent. A repo rate cut benefits borrowers but ...
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