After the RBI cut its repo rate by 25 bps to 6.25%, major banks have followed suit, lowering home loan rates and offering borrowers relief with reduced EMIs or shorter tenures.

A loan is generally needed for living a better life and meeting immediate requirements such as education, health, home ...

Different banks impose different penalty charges, and it typically involves a reduction in interest rate. The penalty can ...

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

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 ...

Understanding interest rates is crucial for personal loans, especially if you’re borrowing to make a significant purchase, ...

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 ...

Recently, the Reserve Bank of India (RBI) has reduced the repo rate by 25 basis points to 6.25 per cent from 6.50 per cent, ...

HDFC Bank announces to hike its MCLR rate by 5 basis points despite the reduction of the repo rate by the Central bank.

In the three-year category, the highest interest offered is 7.65% which is offered by both Kotak Mahindra Bank and Bank of Baroda. Axis bank closely follows with 7.60% interest for the three-year ...

Repo rate-linked loan EMIs will be reduced immediately, within about a month, but MCLR-linked loans could take at least two ...