The bank has already linked the housing loan interest rate with repo rate.
26 Aug 2019 11:11 AM
The bank has slashed the interest rate for the fixed deposits with maturity of 7-45 days to 4.5 per cent from existing 5 per cent.
23 Aug 2019 3:08 PM
RBI has lowered the repo rate by 1.1 percentage points in 2019, the banks are yet to pass on the entire benefit to borrowers.
22 Aug 2019 11:55 AM
Senior citizens continue to get higher interest rates than the general public.
14 Aug 2019 3:27 PM
Banks reduced their weighted average lending rates on fresh rupee loans by 0.29 pc amid the current easing stage so far.
08 Aug 2019 12:43 PM
The new one-year MCLR or the marginal cost based lending rates will come down to 8.25 per cent from 8.40 pc annum.
07 Aug 2019 2:45 PM
RBI trims GDP growth forecast for current fiscal to 6.9 per cent from 7 per cent previously predicted.
07 Aug 2019 11:56 AM
Industry also expects the six-member MPC to take steps to improve liquidity situation and also ensure transmission of rate cuts.
05 Aug 2019 9:38 AM
Even a slight difference in their interest rates can lead to a significant difference in the overall interest cost of the loan.
01 Aug 2019 12:32 PM
For five years to up to 10 years, the new rate is 6.5 per cent.
30 Jul 2019 1:21 AM
India’s benchmark 10-year bond yield was down 10 bps at 6.43 per cent after falling to 6.42 per cent.
29 Jul 2019 11:14 AM
A cut of 5-10 bps will not take down home loan interest rate instantly for the existing home loan borrower.
24 Jul 2019 1:21 PM
SFBs are giving interest rate up to nine per cent on their regular FDs and offering 9.5 per cent in case of senior citizen FDs.
19 Jul 2019 1:51 PM
FM Sitharaman proposed to increase surcharge from 15 pc to 25 pc on taxable income between Rs 2 cr and Rs 5 cr.
09 Jul 2019 8:30 AM
Budget 2019 proposes to make return filing compulsory for persons, who have deposited more than Rs 1 cr in a current account in a year.
05 Jul 2019 2:57 PM
Interest rate for 5-year Senior Citizens Savings Scheme will now fetch a lower rate of interest at 8.6 pc from 8.7 pc.
29 Jun 2019 12:03 PM
The lender has reduced its one-year MCLR or the minimum lending rate to 8.95 per cent.
12 Jun 2019 3:39 PM
Raises retail inflation forecast for Apr-Sept to 3-3.1 per cent and 3.4-3.7 per cent in Oct-March.
06 Jun 2019 12:48 PM
Benchmark interest rate was cut by 0.25 per cent to 5.75 per cent from 6.00 per cent.
06 Jun 2019 12:04 PM
The two finance ministry officials said the government expects at least another 50 bps cut by August.
15 May 2019 3:38 PM