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

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

HDFC Bank announces a decrease in its Marginal Cost of Funds-based Lending Rates. This reduction provides relief to borrowers ...

The revised rates see the overnight and one-month MCLR reduced by 10 basis points to 9.00%. Additionally, the three-month ...

State-owned Canara Bank has announced slashing the marginal cost of funds-based lending rate (MCLR) by 10 basis points (0.10 ...

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

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

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 ...

Agarwal points out that rate changes in the external benchmark are transmitted automatically, without being influenced by a ...

This move comes shortly after the Reserve Bank of India (RBI) cut the repo rate by 25 bps in April, taking the total cut to ...

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.