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RBI unexpectedly lowers benchmark rates

The Reserve Bank of India (RBI) lowered the interest rates in the policy meeting which saw Shaktikanta Das debut as the new governor of the RBI, according...

HDFC loan repayment to get costlier as it hikes lending rate

HDFC, the largest housing finance organisation in the country, on Monday raised its retail prime lending rate by 10 basis points. The new interest...

ICICI hikes Fixed Deposit interest rates post hike in repo rate

ICICI Bank raised the Fixed Deposit (FD) interest rates for select tenures starting from the 290 days to less than 1 year tenure. The...

Indiabulls Housing Finance increases interest rate by 0.25%

Indiabulls Housing Finance, one of the leading mortgage lenders in the country has hiked the interest rate on its loans by as much as...

HDFC hikes interest rates by 20 bps

HDFC Bank, one of the largest lenders in the country increased the interest rates on its home loans by 20 bps (0.20 per cent)....

Sundaram BNP Paribas increases FD interest rates for select maturities

Sundaram BNP Paribas Home Finance recently announced that it has increased the interest rates on fixed deposits (FDs) for certain maturity periods. This change...

IDBI hikes interest rate on loans by 10 bps

IDBI Bank, which is in the news following reports that LIC might purchase a majority state in the bank, yesterday increased its interest rates...

No change in interest rate on Post Office Deposits, PPF

In a move which could disappoint thousands of individuals, the government has decided to keep the interest rates for small savings schemes unchanged, contrary...

Axis Bank increases MCLR by 10 basis points

One of the largest private banks in the country, Axis Bank, on Monday increased its MCLR by 0.10 per cent or 10 basis points....

After SBI, Axis Bank hikes FD interest rates

Axis Bank, one of the largest private banks in India, raised interest rates for Fixed Deposits (FD) with effect from 1 June 2018. This...