Muthoot said that cost of funds are likely to come off only marginally and therefore he does not expect that to translate into lower lending rate.

The most recent change made by the Reserve Bank of India regarding homebuyers and home loan borrowers has had a significant ...

MCLR is the minimum interest rate, or the floor rate, that banks can charge on loans. MCLR rates are not linked to external ...

Lending and deposit rates are impacted by the repo rate drop because it reduces banks' cost of funding. Lower fixed deposit (FD) interest rates will result from a lower repo rate, and vice versa.

In today's time, it is everyone's dream to have their own house (Home Loan Rate). In such inflation, buying your own house is ...

State Bank of India (SBI) has reduced its External Benchmark-based Lending Rate (EBLR) and Repo Linked Lending Rate (RLLR) by ...

The Reserve Bank of India will step up its liquidity infusion and inject over $16 billion next week into the banking system, ...

RBI had cut the repo rate. Now 6 big banks in the country have reduced the interest rate on home loans. These include big ...

The stock market jitters have occurred despite government measures, including tax relief and the Reserve Bank of India's (RBI ...

In line with the moderation in retail inflation, wholesale inflation in India too witnessed a decline in January. The annual rate of inflation based on all India Wholesale Price Index (WPI) number is ...