Many banks have revised its loan rates after the Reserve Bank of India's (RBI) recent cut in the repo rate by 25 basis points ...

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

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

After the cut in repo rate, the bank can also cut the interest rates on its savings account. Let us know how much annual ...

At ICICI Bank the interest rates range from 3% to 7.25%, depending on the tenure. For example, for a 7 to 29-day FD, the ...

In today's time, most people have to resort to home loans to buy a house. Many times the rising interest rates of home loans ...

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.

Banks typically offer higher interest on their long-term deposits and lower interest on short-term fixed deposits ...

The annual rate of inflation based on all India Wholesale Price Index (WPI) number is 2.31 per cent (provisional) for January ...

The RBI has doubled the quantum of government securities it aims to purchase to Rs 40,000 crore ($4.61 billion) on a review ...

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.

The Federal Reserve maintained interest rates last month. CD rates are influenced by the Fed's decision. Since the Fed didn't cut rates, it's likely CD rates will hold steady in February.