A basis point is one-hundredth of a percentage point. So, a 5 bps cut translates into a 0.05% reduction in the lending rate.

Shares of National Securities Depository Ltd. extended their post-listing rally to a third session, generating a return of 66 ...

The International Finance Corporation (IFC) has invested $150 million in the H-DREAM Fund, managed by HDFC Capital, to ...

Many banks are expected to revise their FD rates in the coming days, following the RBI’s decision to keep the repo rate ...

HDFC Bank Lowers MCLR Rates, Bringing Relief to Millions of Borrowers In a welcome move for borrowers, HDFC Bank, India’s ...

Prashanth Tapse recommends buying these four stocks in the short term - Nestle India Ltd, Mahanagar Gas Ltd (MGL), Federal ...

The US' move to raise the tariff on most Indian goods to 50 per cent could drag India's GDP growth for FY26 by 35 to 60 basis ...

Public sector banks including SBI are likely to report modest year-on-year profit growth in the June quarter, driven by lower ...

BENGALURU (Reuters) -Cooling food price rises likely reduced India retail inflation to an eight-year low of 1.76% in July, ...

The Indian stock market is experiencing volatility amid ongoing concerns over potential tariff hikes by the US on Indian ...

Today, August 8, banks will remain closed in Gangtok as Sikkim will be celebrating the Tendong Lho Rum Faat, a traditional ...

Cooling food price rises likely reduced India retail inflation to an eight-year low of 1.76% in July, below the low end of ...