RBI recently cut down repo rate by 50 basis points, so there is an expectation that banks would bring down the interest rates ...
Banks with high fixed-rate loan exposure and those with elevated Loan-to-Deposit Ratios (LDRs) stand to gain the most. Here's ...
With the RBI reducing the repo rate by 25 bps in the recent MPC meet, some banks may consider reducing their deposits rates, ...
The interest rates on various small savings schemes undergo a quarterly review and the rates for the next quarter (April-June ...
The Reserve Bank of India has cut the repo rate by 25 basis points to 6.25 percent. A repo rate cut benefits borrowers but ...
The decrease in deposit rates results in diminished returns for fixed deposit (FD) investors, particularly senior citizens ...
Though the proportion of investing, loan repayment and spending are subjective, experts say, middle-aged individuals who have multiple financial responsibilities and goals ahead should invest 50% of ...
Those depositors who are looking to lock their money in fixed deposits may consider the current rates as the highest they ...
Under this program, the bank has introduced a dedicated feature on its Mobile Banking app called ‘Senior Citizen Specials’.
The Reserve Bank of India (RBI) cut its key interest rate for the first time in nearly five years on February 7. The Monetary ...
Banks tend to lower the interest rates on FDs when the RBI decreases its short-term lending rate, popularly known as 'repo ...
The Reserve Bank of India (RBI) 's Monetary Policy Committee (MPC) has started an interest rate cut cycle by slashing the ...
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