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

HDFC Bank announces to hike its MCLR rate by 5 basis points despite the reduction of the repo rate by the Central bank.

By cutting rates, the RBI sends a message that it is ready to support growth, confident that the worst of inflation is over.

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

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 ...

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

India’s stock market continues to reel under pressure despite a repo rate cut by the Reserve Bank of India (RBI) for the ...

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.

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

Market participants are expecting additional liquidity support via variable rate repo (VRR) auctions and open market ...