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Senior unsecured trust certificates (commonly known as sukuk) are now regularly issued in the capital markets. Most commonly, these are issued ...
What is MCLR?MCLR is the minimum interest rate a financial institution must charge for a specific loan. It determines the lower limit of the interest rate for a loan and is binding unless revised ...
Yes, absolutely. Moving to a repo rate-linked loan is better from a long-term perspective. Additionally, we are looking at a softer interest rate regime going forward. You can expect quicker and ...
Economists expected that inflation would be between 2.9% and 3% and were surprised that it decreased to 2.7% in March. The news that inflation was the lowest in almost five years in March now has ...
Earlier this month, the Reserve Bank of India (RBI) once again opted to reduce the repo rate by 25 basis points, bringing it down to 6%. This second successive cut by the central bank comes right ...
The Reserve Bank of India slashed key interest rate by 25 basis points last week for the second time in a row to support growth facing the threat of reciprocal tariffs by the US (Photo: PTI) The ...
Becomes fourth private lender to trim interest on savings accounts following repo rate cut Federal Bank has reduced its savings account interest rate by 25 basis points to 2.75 per cent ...
The RBI's Monetary Policy Committee (MPC) on April 9 announced a 25-basis-point (bps) cut in the repo rate, reducing it from 6.25 per cent to 6 per cent. This marked the second consecutive rate ...
The Bank of Namibia on Wednesday maintained its repo rate at 6.75%. The decision, taken by the bank's Monetary Policy Committee (MPC), is aimed at safeguarding the peg between the Namibia dollar ...
Mumbai:Following the Reserve Bank of India’s (RBI) repo rate cut, the country's largest lender State Bank of India (SBI) has reduced its lending rate by 25 basis points making home, auto and ...
SBI’s External Benchmark Based Lending Rate (EBLR) will drop from 8.90 per cent to 8.65 per cent, while its Repo Linked Lending Rate (RLLR) will be reduced to 8.25 per cent from the current 8.50 ...
The Reserve Bank of India (RBI) on April 9, 2025, cut the repo rate by 25 basis points (bps), bringing it down from 6.25 per cent to 6 per cent during the meeting of the Monetary Policy Committee ...