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

Banks’ borrowing from the  Central Bank of Nigeria, CBN, rose sharply by 395.2 percent week-on-week (WoW) to N4.72 trillion last week from N953.11 billion the previous week.

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 ...

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

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 ...

Domestic stock market continues to reel under pressure despite a repo rate cut by the Reserve Bank of India (RBI) for the first time in 5 years and o ...

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

Samajwadi Party member Ram Gopal Yadav on Monday alleged that in the history of India there has been no bigger scam than the NCLT, which is incurring losses to banks and is benefitting only a few.

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 ...