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 ...
The country’s largest private sector lender HDFC Bank has increased its marginal cost of funds based lending rate (MCLR) on ...
The move is expected to boost sectors such as real estate, which depends heavily on loans for its consumers to make a ...
According to various reports, Reserve Bank of India (RBI) might give more relief to the middle class by further cutting ...
If you’re on a fixed rate, you might want to evaluate if switching to a floating rate makes sense, depending on market ...
The 25 bps cut in repo rate by RBI is seen as the start of rate cut cycle. As a result, loan EMIs are likely to see a drop in ...
SDF is a tool to absorb liquidity from commercial banks without giving government securities in return. It replaced the ...
Repo rate-linked loan EMIs will be reduced immediately, within about a month, but MCLR-linked loans could take at least two ...
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.
Experts say that borrowers with repo rate-linked loans will see an immediate or near-term reduction, while those with MCLR-linked loans may have to wait longer.
MUMBAI: The rupee began the week on a deep losing streak sniffing at the 88-mark, hitting 87.95 in early trade, but managed ...