The Marginal Cost of Funds-Based Lending Rate (MCLR) serves as the minimum interest rate that HDFC Bank must charge for its ...

Even as deposit rates at the State Bank of India (SBI) have likely peaked, SBI Chairman CS Setty anticipates a modest ...

SBI chairman anticipates RBI will cut interest rates in February 2025. Depositors can expect current interest rates to remain ...

There are signs of a large-scale borrower distress at the small borrower levels. This could have a spillover effect in the ...

SBI Chairman C.S. Setty predicts the Reserve Bank of India will hold off on cutting interest rates until February 2025, ...

Cassidy Horton is a finance writer covering banking, life insurance and business loans. She has worked with ... The best IRA CD rates offer guaranteed returns, making them an attractive option ...

This slowdown is especially concerning for the personal loans segment, which has a direct link to consumer spending in urban ...

The recent slowdown in the bank credit growth especially in the personal loans is likely to impact the consumption in the ...

State Bank of India (SBI) on Friday reported 23 per cent jump in consolidated net profit for September quarter at Rs 19,782 crore, helped by an increase in non-interest income and treasury profits. On ...

The rate adjustment raises the overnight and one-month tenures by 5 basis points each, with a similar 5 bps increase for the ...

Microfinance loans, typically collateral-free and aimed at borrowers with annual incomes of up to Rs 300,000 (USD 3,556), are ...