Repo rate relief? Big surprise for big business as banks dither on lowering lending rates
While the RBI's recent rate cut aids small businesses, large corporates might not see immediate benefits as banks are ...
After RBI rate cut, this bank slashes FD interest rates by up to 65 bps
The Reserve Bank of India last week cut the repo rate from 6.50% to 6.25%, the first such reduction since 2020. According to ...
PNB fraud: Court allows auction of several Gitanjali Group properties
The properties include seven residential flats in Kheni Tower in Santacruz, a commercial unit in Bharat Diamond Bourse in the ...
Will the rate cut impact savings account interest rates?
The Reserve Bank of India has reduced the repo rate by 25 basis points to 6.25%. This is the first reduction since 2020. The ...
Deccan Chronicle2d
Home, Car Loans Get Cheaper as Banks Cut Lending Rates
However, banks have refrained from cutting their Marginal Cost of Fund based lending rate (MCLR) which are largely offered to ...
This Big Bank Has Raised Its Rates in Six CD Terms—Including No-Penalty Options
The best CD rates have gradually dipped as a result of the Fed's 2024 rate cuts. But one large U.S. bank has boosted its APYs ...
ndtvprofit4d
ICICI To Axis Bank: Best FD Rates For Senior Citizens — Check Details Here
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 ...
Fixed deposits: Book FD schemes at higher interest rates of 8% or more before banks slash rates; check details
The decrease in deposit rates results in diminished returns for fixed deposit (FD) investors, particularly senior citizens ...
The Financial Express7d
RBI cuts repo rate by 25 bps! Your bank will slash fixed deposit rates now? Check what top banks are offering on FDs
The repo rate, set by the RBI, influences borrowing costs for banks. A higher repo rate raises FD interest rates, attracting ...
Bank FD: Last Chance To Lock Your Fixed Deposits Before Banks Start Cutting Interest Rates
Banks tend to lower the interest rates on FDs when the RBI decreases its short-term lending rate, popularly known as 'repo ...
Make the most of the repo rate cut, book FD with interest rate up to 9% before banks start reducing the interest rate
The Reserve Bank of India has reduced the repo rate, leading banks to soon lower fixed deposit interest rates. Small finance ...
Earn 8% or more: Lock in your FDs before banks start cutting interest rates
"Locking in an FD means securing a fixed interest rate for a specific period. Once invested, the money cannot be withdrawn ...