If you’re on a fixed rate, you might want to evaluate if switching to a floating rate makes sense, depending on market ...

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

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

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 ...

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

Just days after the central bank cut the key policy repo rate, the rate at which the RBI lends to banks, by 25 basis points ...

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 ...

A repo is a short-term borrowing transaction to sell securities and repurchase them later at a slightly higher price.

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.