Several lenders said that they now prefer offering loans to customers with credit scores of more than 750 from a cap of 720 ...

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

On an average, NBFCs offer 1-2% higher interest rates than banks. While top nationalised banks typically offer 5-6% per annum, and private banks go up to 6-6.50% per annum, some NBFCs like Bajaj ...

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 ...

Overdue loans, classified as SMA-2 (Special Mention Accounts ... He writes on the Indian money markets, RBI, Banks and NBFCs.

Even if the Reserve Bank of India cuts repo rate, the impact on NIM should be negligible due to the recent hike in MCLR by ...

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 ...