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

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

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

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.

Depending on the details of shifts in bank regulations, swap spreads based on the secured overnight financing rate could ...

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 ...

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

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

China’s money markets are expected to see a liquidity withdrawal of more than 3 trillion yuan ($411 billion) over the ...

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 ...

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