Major economies showed signs of slowing down, with global GDP growth at 3.3 per cent for year 2024. The geopolitical tensions ...

Even a 0.5% drop in the interest rate can bring noticeable relief. For example, if your ₹40 lakh loan is at 8.5% interest for ...

CS Setty, Chairman of State Bank of India, said the bank expects asset quality to remain stable, with credit costs holding at ...

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.

HDFC Bank has reduced its Marginal Cost of Funds-based Lending Rates (MCLR) by up to 5 basis points on select loan tenures, ...

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

Repo rates and interest rates generally go hand in hand. This means when RBI slashes the repo rate, commercial banks are ...

IPO-bound Hero FinCorp stops unsecured loans to curb borrower over-leverage, shifts focus to secured lending, and targets 14% ...

Any change in policy rates has a direct and indirect impact on home loan interest rates, which eventually hits your pocket ...

The RBI has maintained the repo rate, a decision that may not immediately benefit home loan borrowers. However, with retail inflation falling to a 12-month low of 2.1% in June 2025, further rate cuts ...

The RBI is set to announce its second monetary policy decision for FY26 today at 10:00 AM. Here's how to watch Sanjay ...

Despite a drop in bank credit growth, overall credit demand remains steady, shifting toward capital markets and NBFCs as ...