The move is expected to boost sectors such as real estate, which depends heavily on loans for its consumers to make a ...

The Reserve Bank of India has reduced the repo rate by 25 basis points to 6.25%. This is the first reduction since 2020. The ...

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 ...

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 ...

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

SBI Chairman CS Setty confirmed lending rate revision after RBI’s 25 bps repo rate cut. However, deposit rates may not ...

It usually takes some time for customers to see these benefits of RBI rate cuts, although a few loans that are directly ...

With the recent 25 bps reduction in the repo rate, banks are expected to lower home loan rates for both new and existing ...

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

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

If you’re on a fixed rate, you might want to evaluate if switching to a floating rate makes sense, depending on market ...