News

India's biggest private bank, HDFC Bank, has reduced its savings account rate of interest from 3.0% to 2.75% for balances up ...
The adjustments reflect HDFC Bank's strategic response to broader economic conditions and market dynamics. For fixed deposits ...
Following the FD rate revision, HDFC Bank now offers interest rates ranging from 3 per cent to 7.10 per cent for regular ...
Rating agency ICRA believes domestic borrowers will benefit from the RBI’s proposed introduction of ‘blended interest rates’ ...
With the latest round of reduction, the Repo Linked Lending Rate (RLLR) of SBI would come down by 25 basis points to 8.25 per ...
Most of the public sector banks are currently giving interest rates ranging from 2.7% to a maximum of 2.9% on savings accounts. Big banks like State Bank of India (SBI), Punjab National Bank (PNB), ...
If the central bank decides to slash the repo rate, banks will transfer the benefit to the customers who have opted for ...
Following RBI's repo rate cut, SBI has also reduced its EBLR, or external benchmark lending rate, and RLLR (repo-rate linked lending rate). This will be effective April 15, 2025. While MCLR rates ...
In a decision following the Reserve Bank of India's (RBI) 50 basis points cut in repo rate, major banks have also cut their lending and deposit rates in 2025.
India's overnight indexed swap (OIS) rates have fallen in the last three sessions, signaling that besides just a ...
Following the rate cut, the key policy rate eased to 6 per cent providing relief to home, auto and corporate loan borrowers ...