For the last three months, as inflation has consistently fallen and stayed below RBIs comfort level of 4%, the real interest ...

Consider a home loan of Rs. 50 lakh with a 20-year tenure. Even a small 0.25% reduction in interest rates can reduce your EMI ...

The Reserve Bank of India (RBI) recently reduced the repo rate by 0.50%, leading to a ripple effect across India’s banking ...

According to Ranjeet Mehta, Secretary General and CEO of the PHD Chamber of Commerce and Industry (PHDCCI), the current ...

For long, inflation was being driven by food prices. It led to demands for RBI to focus on ‘core’ and not ‘headline’ ...

Abhishek Upadhyay of ICICI Securities PD also expects two rate cuts. While the inflation path could allow for more, he ...

Monetary policy has grown more effective. RBI’s rate-formula tweak for corporate lending may have made a difference.

India’s largest lender, State Bank of India (SBI), has once again cut interest rates on fixed deposits for the second ...

Large private banks, such as ICICI Bank and Axis Bank, are yet to pass on the repo reduction benefits to new home loan ...

The term "reverse repo rate" refers to the interest rate that is paid on deposits. The Reserve Bank of India pays interest on deposits at the reverse repo rate, whereas the repo rate is paid on ...

Senior citizens in India continue to benefit from high fixed deposit rates, with many banks offering rates around 8.25% ...

SBI cuts term deposit rates by up to 50 bps, reflecting RBI's repo rate cut, with higher rates for senior citizens.