Lending and deposit rates are impacted by the repo rate drop because it reduces banks' cost of funding. Lower fixed deposit (FD) interest rates will result from a lower repo rate, and vice versa.
Many banks have revised its loan rates after the Reserve Bank of India's (RBI) recent cut in the repo rate by 25 basis points ...
After the cut in repo rate, the bank can also cut the interest rates on its savings account. Let us know how much annual ...
The most recent change made by the Reserve Bank of India regarding homebuyers and home loan borrowers has had a significant ...
Muthoot said that cost of funds are likely to come off only marginally and therefore he does not expect that to translate into lower lending rate.
State Bank of India (SBI) has announced to reduce interest rate various loans. This means, now it would be easy for home loan ...
Banks typically offer higher interest on their long-term deposits and lower interest on short-term fixed deposits ...
With FII selling facing fatigue at some point of time and valuations correcting, the opportunities are weighing in favour of investors, said Kashyap Javeri.
India has 29 states with at least 720 districts comprising of approximately 6 lakh villages, and over 8200 cities and towns. Indian postal department has allotted a unique postal code of pin code ...
India has 29 states with at least 720 districts comprising of approximately 6 lakh villages, and over 8200 cities and towns. Indian postal department has allotted a unique postal code of pin code ...