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In a decision following the Reserve Bank of India's (RBI) 50 basis points cut in repo rate, major banks have also cut their lending and deposit rates in 2025.
With awareness and the right digital tools, you can reduce your EMI burden, avoid overpaying, and ensure that you do not miss out when rates fall.
The Reserve Bank of India will buy bonds worth Rs 40,000 crore and will also conduct 43-day repo for Rs 1,50,000 crore on Thursday.
A number of public sector banks including SBI, PNB, Indian Bank have Bank of Maharashtra have cut their repo linked lending rates on home loans in the past few days ...
The RBI cut the repo rate by 0.25% to 6%, leading banks like HDFC, ICICI, and SBI to lower FD and loan rates. Senior citizens benefit from SBI's 'We Care' scheme ...
State Bank of India has cut its Repo Linked Lending Rate by 25 basis points to 8.25%, effective April 15, 2025, following RBI's repo rate reduction. SBI's External Benchmark Based Lending Rate is also ...
For general customers, the interest rate on one-year FDs has been lowered from 6.80 per cent to 6.70 per cent. FDs with a tenure of two to three years will now offer 6.90 per cent, down ...
Bank stocks rally due to RBI rate cuts and policy shifts, boosting investor sentiment. Discover top gainers in this financial surge!
HDFC Bank’s share price rose as the country’s largest private lender, along with several other banks, cut its deposit interest rate by 25 basis points.
Shares of IndusInd Bank gained above 6% on the National Stock Exchange (NSE), while HDFC Bank was up 3.3%. Axis Bank shares rose nearly 3% and ICICI Bank was up 2.3%.
Yes Bank cut rates by 25 bps on deposits maturing between 12 and 24 months. HDFC Bank lowered its FD rates by up to 40 bps for longer tenures like 2 years 11 months and 4 years 7 months.
The reduction in the lending rates will provide relief to borrowers of various loans, including home and personal, as their ...