Private sector Kotak Mahindra Bank has revised its savings account interest rates, reducing them by 50 basis points (bps).
After the cut in repo rate, the bank can also cut the interest rates on its savings account. Let us know how much annual ...
How to Calculate the Repo Rate? The interest rates ... by taking into account various components of a bank's cost of funds. The formula used to calculate MCLR in India is as follows: * MCLR ...
Factors that potentially affect gold rates in India are fluctuations in the global market, strength of the USD, import costs, interest rates on banks' fixed deposits, economic stability ...
The Reserve Bank of India (RBI) cut its key interest rate for the first time in nearly five years on February 7. The Monetary ...
Gold prices in India are determined on several factors including currency, global demand, interest rates and government policies. If the rupee slides against the US dollar in India, gold will ...
In addition to the repo rate cut, the Standing Deposit Facility (SDF) and Marginal Standing Facility (MSF) rates have also ...
EMIs on home and vehicle loans will come down, making it easier for individuals to repay their debts. A lower repo rate makes ...
(Reuters) -The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to ...