"As long as the Mumbai Interbank Forward Offer Rate (MIFOR) conditions are favourable, I think it will be conducive for NBFCs ...

Public sector banks adjust strategies to protect net interest margins amid changing monetary policies and deposit rates.

Lower food prices drove the retail inflation fall to a near-six-year low of 3.16 per cent in April, but monsoon and US ...

If you are lowering your interest rate, the time may perhaps be right to switch your existing loan to an EBLR-linked loan. You could even look at transferring your home loan to another bank that may ...

Despite the Reserve Bank of India (RBI) implementing a 50 basis point (bp) repo rate cut in two phases—25bp each in February ...

State Bank of India has decided to keep its key lending rates unchanged for May 2025, following a 0.25% rate cut in April ...

State-owned lenders such as Bank of Baroda, Punjab National Bank (PNB), and Canara Bank have recently announced reductions in ...

Large private banks, such as ICICI Bank and Axis Bank, are yet to pass on the repo reduction benefits to new home loan ...

Public sector banks including Bank of Baroda, PNB, and Canara Bank reduce MCLR rates by 5 bps across tenures from May 2025. Home and personal loan EMIs may ease.