It determines the lower limit of the interest rate for a loan and is binding unless revised by the Reserve Bank of India. Introduced by the RBI in 2016, the MCLR is used for various floating-rate ...

How to Calculate the Repo Rate? The interest rates that commercial banks pay to the RBI or get when they put money in the RBI must be agreed upon and standardised. The repo rate is key to keeping ...

Indian companies are stepping up domestic currency borrowing as the central bank's liquidity infusions have lowered local ...

Fintech platform Tide's global CEO Oliver Prill announced that India has surpassed the UK to become its largest market by customer count for SMEs. With nearly 7 lakh members, India's growth since ...

'ZDNET Recommends': What exactly does it mean? ZDNET's recommendations are based on many hours of testing, research, and comparison shopping. We gather data from the best available sources ...

The Consumer Price Index measures changes in the average price level of goods and services purchased by households over time. It is used to measure inflation and indicates the cost of living for ...

New Delhi: The Reserve Bank of India (RBI) is expected to transfer a dividend of around ₹2.5–3 lakh crore to the government this month — significantly higher than last year’s payout ...

Policy repo rate cuts by the Reserve Bank of India (RBI) may put further pressure on the net interest margin (NIM), A Manimekhalai, managing director and chief executive officer of Union Bank of India ...

See what moon phase it is tonight and find out when you can see the rest of the moon phases for 2025. Today, May 11, 2025, the moon is 14 day old and is in the Full Moon phase of its lunar cycle ...

Taylor Tepper covered banking, investing and pretty much everything else in personal finance for more than a decade, with his work appearing in the New York Times, Fortune and MONEY magazine, as ...