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

Uday Kotak, Asia's richest banker, warns of a significant deposit crunch threatening banks with margin erosion. Retail ...

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 ...

MUMBAI: Non-food credit growth of banks continued to slow down for the eighth consecutive month for the fortnight to February ...

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 ...

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

Since only the 2-year MCLR has been reduced, the impact on longer-tenure loans is minimal. HDFC Bank’s decision to lower the ...

Despite this, corporate borrowing costs remain unchanged due to firm MCLR rates and year-end demand for funds. MUMBAI: RBI has pumped in over Rs 5 lakh crore into the banking system since mid-Jan ...

The RERA noted that the buyer has a right under Section 18 of the Real Estate (Regulation and Development) Act, which allows ...