On Wednesday (9 October), the Reserve Bank of India (RBI) maintained the repo rate at 6.5 per cent for the 10th consecutive ...

The RBI’s policy panel kept the Repo rate steady in a 5:1 majority decision. New MPC Member Nagesh Kumar, Director and Chief ...

This means that all external benchmark lending rates linked to the repo rate will not increase, giving relief to borrowers as ...

Economists expect a repo rate cut from December onwards because of the improving inflation outlook in India and the start of ...

Private sector lender HDFC Bank has hiked its marginal cost of funds based lending rate (MCLR) by 5 basis points (bps) on six ...

With the change, the HDFC Bank's MCLR interest rates are in the range of 9.10% to 9.50%, potentially impacting borrowing ...

MCLR is the minimum interest rate a financial institution needs to charge for a specific loan. It dictates the lower limit of ...

SBI’s 7-year average slippages over FY19-25 is the lowest among large banks, Nomura India said. The outlook for corporate ...

As the RBI responds to global rate changes, it faces the goalkeeper's dilemma: when to act and when to remain still. Its ...

Nomura has reaffirmed its 'Buy' rating for SBI, maintaining a target price of Rs 980. This target suggests a potential upside ...

The Marginal Cost of Funds Based Lending Rate (MCLR) was introduced in April 2016 to help borrowers availing various loans (including home loans) benefit from the Reserve Bank of India’s (RBI ...