In February, the Reserve Bank of Indias rate cut led to banks lowering new deposit rates but not immediately reducing new ...

The Reserve Bank of India (RBI) stated today that the weighted average lending rate (WALR) on fresh rupee loans of SCBs stood at 9.40 per cent in February 2025 (9.32 per cent in January 2025). The ...

Banks are expected to lower deposit rates starting April to maintain margins, following a probable repo rate cut. Despite a ...

MCLR, introduced by the RBI in 2016, determines the minimum interest rate banks can lend, replacing the base rate system. It directly affects loan pricing for borrowers and offers insights for ...

ANAND RAYONS LIMITED has achieved strong profitability as a result of the imposition of anti-dumping duties on aluminium foils as per notification by Ministry of Finance dated 17/03/2025.

RBI has injected over Rs 5 lakh crore into the banking system since mid-Jan to ensure surplus liquidity and support its rate ...

One of the primary factors fuelling the rise in gold loans across both rural and urban India is the tightening of personal ...

Indias largest public sector SBI has announced its latest marginal cost of funds-based lending rate (MCLR) for March 15 and ...

New Delhi: In what would have an impact on both home and personal loans, among others, State Bank of India (SBI) has announced its latest MCLR rates. The MCLR rates are effective from tomorrow 15 ...

The updated MCLR rates will directly influence interest rates on various financial products, including home loans, personal loans, and other credit facilities offered by the bank. Listen to Story SBI ...

D. Udaya Kumar, the man who designed the rupee symbol, shared his thoughts on the Tamil Nadu government's decision to replace the official rupee symbol with the Tamil letter for 'ru' from 'rubai' ...

The State Bank of India (SBI) has announced unchanged marginal cost of funds-based lending rates (MCLR) for various loan tenures effective from March 15, 2025. The external benchmark lending rate ...